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+ VC is expensive capital Don't second C Corp just to say you have done it. Bad idea. If you have a business that looks like all it needs is capital or you thi
by nnn1234 10y ago
+ VC is expensive capital
Don't second C Corp just to say you have done it. Bad idea.
If you have a business that looks like all it needs is capital or you think a large cash infusion will help if grow exponentially then and only then do VC
- ezekg 10y agoThanks. I should have worded the OP better. I didn't mean start a c-corp just to say I've done it, I meant go down the VC route (I guess that includes a c-corp, but not exclusively) once in my life. Why do so many entrepreneurs seemingly default to VC if it's such a bad idea?
- nnn1234 10y agoaaah got it. Lets look at the numbers I hope you will agree with me that Number of businesses that get started>> Number of business in hot sector>>number of businesses that get angel investments> number of businesses that raise VC If we are being bombarded by tech news and most of the press releases are tech startups raising capital in SV or other valley like places, then the "so many entreprenuers raise VC " idea gets traction Also the process to get private capital and the dumb money at a high ( albeit cooling off a bit)