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A lot of that is sour grapes. The majority of people who loudly explain that they wouldn't want a large VC round are people who aren't in a position to raise a
by bobbyi_settv 7y ago
A lot of that is sour grapes. The majority of people who loudly explain that they wouldn't want a large VC round are people who aren't in a position to raise a large VC round.
- formercoder 7y agoOr maybe the folks who don’t want VC money don’t start businesses that require it.
- ci5er 7y agoMaybe. I'm not in that geo these days, so I have no way to gauge relative percentages. Do you think that is right? I've raised large rounds in the past, both corporate and VC, and I've learned to be wary about misaligned incentives. Now - I don't go around saying: "Don't raise VC ever!", but I'm a little more attuned to the trade-offs than I used to be.
- ericd 7y agoEh taking a lot of VC money opens up some options (hiring up fast, pouring money into marketing) and closes down others (being acquired for a modest amount and actually making anything as a common stock holder). It’s not right for every business.
- paulie_a 7y agoOr maybe they don't want to be handicapped by vc. In this era a VC it is basically selling your company from day one without a real payout.
- Grimm1 7y agoI had thought of that but the people I'm talking about are people who had raised VC and later realized that if they want a sustainable business instead of a unicorn they may have missed the boat by working with VCs. I think like everything VC money has it's place but I think you need to be really sure about what potential end states you are happy with for your company before taking a VC investment.