Canvas Ventures Partner Rebecca Lynn discusses the pros and cons of entrepreneurs who raise their own funds for a startup, versus seeking venture capital. She explains how only some startups can meet the scaling expectations that come with venture-capital investment, which also impose an “exit event” that founders will have to eventually face.

Rebecca Lynn, partner at Canvas Ventures, explains how the power of a positive attitude can turn what may seem like a catastrophe into a catalyst for action. Ranked No. 23 on the 2015 Forbes "Midas List" of 100 top tech investors, Lynn quotes a colleague's advice about fundraising: "When you want advice, ask for money; and when you want money, ask for advice."

Rebecca Lynn of Canvas Ventures shares a lesson learned earlier in her career while working at a startup flush with venture-capital funding. In one day, the company lost 98 percent of its value because it failed to adjust to its improved financial standing. "When you can take some money off the table, you should do it," Lynn says.

Rebecca Lynn of Canvas Ventures talks about how moments of cognitive dissonance can signal when to pay close attention to an idea. Considering the many pitches she has heard over the years, Lynn says those that have challenged or changed how she thought about something were the ones that interested her most.