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> is it impossible to get VC levels of investment without giving away board seats? Microsoft, interestingly, was after the opposite. They took a rather nominal
by deckard1 5y ago
> is it impossible to get VC levels of investment without giving away board seats?
Microsoft, interestingly, was after the opposite. They took a rather nominal $1M VC funding to get someone knowledgeable on their board. Probably helped when it came time to IPO. They definitely didn't need the funding. VCs would love for the world to believe that their funding is necessary. But often that sort of rocket fuel is detrimental to the growth of a company. It puts immense sudden pressure on a company, relationships are strained, and really weird things start to happen as your headcount shoots past 20-30 people.
- GDC7 5y ago> Microsoft, interestingly, was after the opposite Microsoft is like Marylin Monroe, or Michael Jackson or that person who lived to 123 years old. You'll never see a company like that ever again in your lifetime. They did what Standard Oil did, in perhaps an even cleaner and uncontroversial manner. Tons of talent and luck aligned in the exact right way for it to be the phenomenon it became.
- streetcat1 5y agoYou mean luck of copying wordperfect and visicalc? Or maybe the purchased OS and the IBM deal?