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I think one of the issues is that in VCs allow the hottest start-ups to take money off the table in later funding rounds. So the question in an entrepreneur's m
by majani 9y ago
I think one of the issues is that in VCs allow the hottest start-ups to take money off the table in later funding rounds. So the question in an entrepreneur's mind becomes whether he should build slowly and make a few hundred thousand a year steadily, or whether he should pump up with VC money, knowing he'll be allowed to take a couple million off the table before the music stops. It's a no brainer in my mind.