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> But then you strongly talk about a startup, looking for V.C. funding with strong founder ethos. That's also an ideology. Wanting to raise money is an ideolog
by friedman23 7y ago
> But then you strongly talk about a startup, looking for V.C. funding with strong founder ethos. That's also an ideology.
Wanting to raise money is an ideology? It's better to describe it as a practical way of expanding a business.
> But a lot of people don't want to do that. And that's why workers co-ops were started in 1844 and have been going strong since
I just looked it up and there are an estimated 400 coops in the US with around 7000 employees total. This does not qualify as a lot. Almost nobody with the desire to create and run a business wants to run a business this way.
Also you missed the most important criticism, which is why is tenure of all things being used to decide who gets how much equity?
- em-bee 7y ago> Wanting to raise money is an ideology? it most certainly is. with all the startups i was involved in the decision whether to raise money from VC or to bootstrap ourselves in other ways always came down to the believes of the founders. practical considerations hardly ever mattered.