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Bootstrapping to the end, I didn't start trying to break out to make my own success to have to take crap from anyone but myself and my customers. To hear a VC
by sosuke 16y ago
Bootstrapping to the end, I didn't start trying to break out to make my own success to have to take crap from anyone but myself and my customers.
To hear a VC talking about $25 million as a small time exit is disgusting.
- chc 16y agoI find it heartening. It makes failure sound downright awesome.
- amirmc 16y agoTo a VC this is a small time exit. I'm not surprised they would be talking about it this way.
- damoncali 16y agoThat's only true if they're investing big time money - clearly the new breed of VC's (aka Super Angels) are going to be just fine with such small time exits. The disgusting part is not that they don't want small exits, it's that they're so arrogant as to suggest that entrepreneurs who don't help feed their out-dated business model are somehow doing something wrong. It reminds me of the cable companies back in the day: "But have you seen internet video? It's horrible!"