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> They figured out a way to fund work that they care deeply about. No, they figured out a way to delete that problem. VC money isn't a gift. It's a loan.
by krainboltgreene 6y ago
> They figured out a way to fund work that they care deeply about.
No, they figured out a way to delete that problem.
VC money isn't a gift. It's a loan.
- zomglings 6y agoIt is most definitely not a loan. It is time/runway, purchased with equity and eventual loss of control. Edit: There is more to it, of course. It is also entry into a somewhat exclusive network of future investors + customers if you choose your VCs wisely.