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Well often times as a tech entrepreneur you have the choice between a) working on something that generates revenue in the short term (by adding features, impro
by rsp1984 11y ago
Well often times as a tech entrepreneur you have the choice between
a) working on something that generates revenue in the short term (by adding features, improving the interface, improving your market reach or even doing some service work) and
b) something of more impact that generates revenue in the long-term (like investing in R&D, creating entire new products, etc..).
Note that b) most often does not include a), i.e. choosing b) explicitly means that you're foregoing some short term revenue opportunities for possibly larger revenue down the road.
This is precisely the case for VC (which you've argued against) so I was interested in how you'd solve this dilemma.
- mmaunder 11y agoI think we're in two different realities here. You've misinterpreted what I've said. I've raised VC. We really seem to be missing each other. I don't agree with much of the way you see the world.