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>Some companies simply aren't meant to be billion dollar companies, yet raise money as if they will be. Well, according to some quick searches the founders see
by TremendousJudge 7y ago
>Some companies simply aren't meant to be billion dollar companies, yet raise money as if they will be.
Well, according to some quick searches the founders seem to be doing pretty alright by themselves. It depends if your objective for founding a company is "do something useful" or "get filthy rich as soon as possible"
- scarface74 7y agoIf you take venture funding - by definition you’re not trying to run a lifestyle business - your only goal is an exit strategy.
- kjs3 7y agoWhen I did my (one, never again if I can help it) venture funded startup, "the only goal is an exit strategy" came up a lot, and always when one of the founders talked about a growth opportunity that would pay off over years and not months.
- rorykoehler 7y agoWhose exit strategy? The companies or your own.
- scarface74 7y agoWhat’s the difference? If you take investor money you have given up control of your own fate.
- usrusr 7y agoIf that's your success metric you are acting fraudulently as soon as you take investor money, because you won't get that without claiming to commit to the goal of making them rich(er) as well.