3 ms·
A good reminder to entrepreneurs -- even if you don't need the capital, having outside investment (especially from a top VC firm) essentially provides you with:
by United857 15y ago
A good reminder to entrepreneurs -- even if you don't need the capital, having outside investment (especially from a top VC firm) essentially provides you with:
1. Validation and hopefully constructive criticism of your business model by virtue of their due diligence process.
2. Network and contacts.
These two alone are often worth more than the cash.
- known 15y agoI'll second.