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VC money is not free, there's a real cost to it, it's written on the term sheet. VC money is relatively easy money to obtain versus trying to grind for the sam
by hsk0823 8y ago
VC money is not free, there's a real cost to it, it's written on the term sheet.
VC money is relatively easy money to obtain versus trying to grind for the same amount of capital yourself, but there's certainly a cost to any transaction.
- ti3 8y agoHave you raised VC money recently or in the past? Raising is far from easy - in fact the opposite in my experience. It's a full-time job for 1 person for months, or even the better part of a year. That's one founder taken away from keeping customers happy and building on the product. The cost off the term sheet is real.