3 ms·
That’s very simple to do. Don’t raise external funding. If you are raising external funding, you, more often than not, should be okay with becoming an employee
by tucaz 8y ago
That’s very simple to do. Don’t raise external funding.
If you are raising external funding, you, more often than not, should be okay with becoming an employee. If you are not you should not raise money and work to grow the company like everybody else in the planet does: work hard, put a lot of work everyday and make something that SELLS.
This is what a lot of tech people don’t get it. They are asking for investors to put their money in the founders business and they don’t want to give anything up?
Why the heck would anyone sane do that? I wouldn’t put money anywhere unless there is a way to get it back. The way to do that is either investing on a company that has a proven model and already makes a ton of money, in which case I’m ok with no control because I KNOW I will make my money back or by taking the risk and being rewarded by it with a bigger chunk of the company.
I guess that for the founder it always comes down to a simple question: can I get to where I want to without external money? If the answer is no then you should not whine about how much that money cost because you would not get there anyway without it.