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I would say this is all the more reason not to take VC money, but bootstrap on your own. Why give up control?

• nemothekid 11y ago
  >Why give up control? For access to capital. If you were an Uber/Lyft competitor, it becomes very hard to compete with competitors who have near vast amounts of money to spend on marketing and customer/driver acquisition. Both Sidecar and Hailocab (in the US) lived this first hand. Some (if not most) businesses cannot be bootstrapped. It took a while for Google to become profitable, and who knows if the search product would have been as good if they had to focus on generating revenue on day 1.