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Well, not sure it's that black-or-white but at least one should know that bringing in venture capital takes _a lot_ of time and effort. Scarce resources that wi
by erikstarck 16y ago
Well, not sure it's that black-or-white but at least one should know that bringing in venture capital takes _a lot_ of time and effort. Scarce resources that will then not be used to get customers or finish up your product.
One should also know that, even though most VCs say they "invest in the team", what you're doing is selling a very specific path to profitability, a path that will be much harder to change once you have investors on board.
So you lose time, effort and flexibility.
Of course you gain a lot too, but it's easy to be blinded by all the money. It is not free.