4 ms·

I am not sure why would you need to take money (behind seed) even for a growth business. Can you just scale with customer money? Also, why not play in a big, H

I am not sure why would you need to take money (behind seed) even for a growth business. Can you just scale with customer money? Also, why not play in a big, HIGH probability payoff. For example, why not compete with Google or Amazon in what they think is their next market? This assures you a big market with at least 100M - 1B annual sale.

RussianCow 7y ago
> I am not sure why would you need to take money (behind seed) even for a growth business. > why not compete with Google or Amazon in what they think is their next market? These two things are at odds, because your startup generally can't compete with the likes of Google and Amazon because you simply don't have the resources that they do. VC money evens the playing field a bit, so at least you have a chance at getting your product out there and getting real customers before BigCo eats you alive. You can't have it both ways.
- deleted 7y ago
  [deleted]