3 ms·
My startup isn't accepting VC and we're not looking for an exit. If we get funding, it'll be for one of our (many) products, but never the company itself. It is
by spiralganglion 16y ago
My startup isn't accepting VC and we're not looking for an exit. If we get funding, it'll be for one of our (many) products, but never the company itself. It is imperative that we maintain 100% autonomy, even if it means risking our very survival.
As for why, it is because the work we're doing (a particular style of video game) is unproven in the market, and we need to be able to take substantial risks, again and again, where we stand to lose a lot of money. We can't afford to have any external interests guiding these decisions. We're doing this work for love of the work, so an exit would be ridiculous.