3 ms·
Getting of the ground is key. Before you can raise VC money, you have to have traction. This increasingly includes seed financing as well. So either way, you ha
by electic 9y ago
Getting of the ground is key. Before you can raise VC money, you have to have traction. This increasingly includes seed financing as well. So either way, you have to take a huge risk to start a company where the outcome is uncertain.
When you run into a founder or work for one in the US, realize the absolute big risk they are taking. People in Sweden have a safety net to catch them. The result is people are more willing to take risks to start something and you also see more innovative startups that would otherwise be considered high risk in the US by founders.
- burntrelish1273 9y agoTL;DR - Validation<- ->expansion treadmill.