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Sorry it was not clear in the article, but here's the basic decision: 1. Have a large percentage of a modestly-sized pie 2. Have a smaller piece of a very l
by dshah 18y ago
Sorry it was not clear in the article, but here's the basic decision:
1. Have a large percentage of a modestly-sized pie
2. Have a smaller piece of a very large pie
Of course, there's always the "large percentage of large pie" option, but that seems to be pretty rare.
I've done Option #1 already and wanted to take a shot at Option #2. It's really early in the process, but there's enough reason to be hopeful.
Apologies if the article came off as boastful. I didn't know how to say it any other way without compromising truthfulness and making my larger point -- i.e. the VC game is a tough game unless you've got some leverage, and most entrepreneurs are better off working on the business in the early stages.
- dennykmiu 18y agoDharmesh - thanks for the additional comment. I was not trying to be disparaging. Congratulation and look forwarding to seeing your continual success. High tide raised all boats. Good news for one is great news for all.