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I'm an investor managing an innovation program for Quest Software (NASDAQ: QSFT) at http://www.quest.com/innovation-accelerator/ http://www.quest.com/innovation
by TylerJewell 15y ago
I'm an investor managing an innovation program for Quest Software (NASDAQ: QSFT) at http://www.quest.com/innovation-accelerator/ http://www.quest.com/innovation-accelerator/.
If those guys are reading, I'd follow up with a question of what's really important to them:
- Control of the business (key capital & strategic decisions)
- Long term gains on an individual basis
- Contacts & network needed to establish distribution, deals, and partnerships
- Minimizing the number of relationships that need maintenance
If, as there article indicates, they really want to be in control of their success and failure, there is a number of ways to achieve total control without owning 100% of the company. So they should really think about the various options they have available to them. I can appreciate the desire to not have investors - even non-controlling minority interest ones, as even those people need to be nurtured and relationships developed.
So, as a message to the authors, would hope that they seek out some additional inputs as there are a number of clever ways for them to structure their business to achieve their goals, and to gain the benefits that come with YC.
- mystrous 15y agoThere's a possibility we may seek other options in the future but for now we both feel doing our own bootstrapping (we already have a successful app that pays the bills) is where we need to be.