5 ms·
Last.fm? There are some folks who suggest that raising money can actually be bad for some start ups. Ramen profatibility and all that...So, in this day and age
by hcho 16y ago
Last.fm?
There are some folks who suggest that raising money can actually be bad for some start ups. Ramen profatibility and all that...So, in this day and age of cheap infrastructure lack of VC money shouldn't really be a huge problem.It's more of a culture thing.
- pclark 16y agoYou don't get big without VC - you're right about culture though.
- samwillis 16y agoI agree that to get big in the way google/facebook/twitter are needs VC but I think you can be very successful without. I beleve one big difference over here is that the startups aren't aiming to be the next facebook, they want to be successful enough for the founders and angels to make a particulaly comfortable living from it.
- gloob 16y agoYou don't get big without VC Perhaps I'm just jaded or out of touch, but I'm pretty sure something like Flipboard wouldn't get Google-big even if they were given 100 million dollars rather than 10. Huge investments might be necessary to become gigantic, but they certainly aren't sufficient, nor are they necessary to create an actually viable business.