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Get a business coach and extensively network - or just focus on product market fit and the connections will come. I guarantee you that will be far cheaper than
by cardine 8y ago
Get a business coach and extensively network - or just focus on product market fit and the connections will come. I guarantee you that will be far cheaper than the millions of dollars worth of equity you would be giving up.
I agree with the parent, raise VC money only if you absolutely need money.
- Gibbon1 8y agoNotable there is a tendency for VC's to start staffing up your company with their overpaid and under performing associates. Since you no longer have full ownership you can't fire them either. Often those guys real job is to serve as place holders for when the VC's push out you and your senior managers. So when the company is acquired they are the ones that get the retention bonuses not you.