Ask HN: Why do we praise companies who raise capital?

Because we're so superficial and envy "success theatre". People around you don't really care about your profitability/business model. They just assume that you have figured everything out (otherwise why would anyone invest?! lol)

It's a measure of business confidence and success - but, as you know, has no bearing on future success and profitability of the company.

Because they're following the dream of many people here .... start a company, raise money, turn it into something awesome.

Because the math is simple.