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Even then you don't necessarily accept money. Bottlenecks aren't necessarily bad, unless they impact revenue - and of course depends on the business. At certai
by cik 8y ago
Even then you don't necessarily accept money. Bottlenecks aren't necessarily bad, unless they impact revenue - and of course depends on the business. At certain scales you can easily get the bank to loan you 1x revenue, for a heck of a lot less than equity is worth.
The value of VC, and investors in general is about more than just capital. If you just value the capital, you're going after a short term goal - and VC probably isn't the way to get there. The relationships, advice, the deep connections - those are all reasons to VC, but not just cash.