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The problem is if you're 100% gasoline then the founders would do well to just get a loan

• bpodgursky 6y ago
  Having the right investors adds value in a way a bank holding a loan absolutely never will.
  • redisman 6y ago
    But if the company is using money as "100% gasoline" then they've got it figured out and don't need intros from the investors.
    • ben-gy 6y ago
      Correct - accelerant can be traded for “equity for lots of cash plus advice” or purchased “cash for advice” - I’m a big fan of bootstrapping to a financially stable state and having the option to take either route without the business being reliant on either - then again, in Australia we don’t have much choice anyway - venture capital and banks are both exceedingly conservative which perpetuates this approach more so than in other ecosystems with more funding liquidity.