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You are telling programmers to "worry about making money; don't worry about building products that can change the world." Whatever their motives, angel investo
by aberman 16y ago
You are telling programmers to "worry about making money; don't worry about building products that can change the world."
Whatever their motives, angel investors want entrepreneurs to build big, meaningful companies. And the money they provide helps them to that.
- fleitz 16y agoWhy is a small company not meaningful?
- sofuture 16y agoYou're reading that backwards. He's encouraging people to build something rather than attempt to build something for the sole purpose of selling it.
- jmtame 16y agosometimes "building something" requires capital...
- hasenj 16y agoYou need to read 37signals blog, they have a series of blog posts called “Bootstrapped, Profitable, & Proud”, in their own words: it's a series which profiles companies that have $1MM+ in revenues, didn’t take VC, and are profitable. The latest in that series was about github: http://37signals.com/svn/posts/2486-bootstrapped-profitable-proud-github http://37signals.com/svn/posts/2486-bootstrapped-profitable-... [1]: http://bit.ly/ccc5C7 http://bit.ly/ccc5C7
- jmtame 16y agoi said "sometimes." i have no idea what you're trying to build, and neither does the author of this blog. for every company that has made it bootstrapped, there's another example of one that made it without going bootstrapped. raising money is what it is. some people need it, others don't. it doesn't make angels "evil" because they don't align with your goal of building a lifestyle business. it's not like they're forcing you to take their money, or holding a gun to your head if you don't repay the money they risked on you.