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Taking money from a VC is probably the worst thing you can do.
by pikachuaintcool 9y ago
Taking money from a VC is probably the worst thing you can do.
- jboggan 9y agoPlease expound, I feel like I understand some of the risks but am curious to hear your objections. I personally would prefer bootstrapping but I think there are times when a market is growing quickly and you don't want to be left on the sidelines.
- pikachuaintcool 9y agoHonestly I wouldn't take my opinion seriously, I have very little experience in industry and my opinion might be misinformed. But if you really care, I'm talking from an ethical perspective. Imagine if Facebook or Google or Twitter were successfully bootstrapped, think about how much better off everyone would be. If all you care about is making money then VC money probably would work I guess. But it makes me sad.
- ericd 9y agoThat's a big if, at least in Twitter's case.
- pikachuaintcool 9y agoElaborate?
- amdavidson 9y agoIn what way would everyone be better off? Do you think that the VC money is what drove them to behave in a way that you don't agree with? If so, how do you square that with the fact that they are now publicly traded and not subject to VC whims?