'I'm going to stick at it until I get a home'

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The hard truth? Raising venture capital too early can cost you control, leverage and even your company. Early capital is often highly dilutive, selling off your future before your blueprint is complete. The difference between lighting a spark and burning your equity to ash is a lesson many founders learn too late.

Speaking to Matt Chorley on BBC 5 Live on Thursday, Milburn dismissed the idea that there was a "snowflake" generation who were reluctant to work or less resilient than previous generations.

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