I'm not doubting that Mitchell Hashimoto is capable of building great products with great product market fit. Quite the opposite, as the few strands of idolization that exist within me rank him as one of the best to ever do it in the dev tooling space.

I'm also not doubting that there would be tons of investors throwing themselves at him for a new venture like this.

But why, apart from forced market access would it be in his interest to take that money, given that he can nicely fund it for a few years with ~1% of his net worth if not for forced market access?