When is capital needed in ventures?

Capital is needed in business ventures, particularly when aiming to hire the best talent to execute a vision. According to Marc Lore, significant capital injection is crucial early on, especially when a venture is based on a big visionary idea but lacks substantial resources to attract top talent. This capital allows a venture to build a high-quality team, which is often not feasible when bootstrapping, as it involves scaling investment stages gradually (e.g., $1 million, then $5 million, then $10 million) which can be precarious and could jeopardize investor confidence if any issues arise 1.