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That's completely true, but I think you missed the point. Most startups still focus on finding funding. People seem to think that's the right way to do it, mayb
by studiofellow 15y ago
That's completely true, but I think you missed the point. Most startups still focus on finding funding. People seem to think that's the right way to do it, maybe because that's all you read about on tech blogs.
- byoung2 15y agoI agree that many startups focus on getting funded as an end, rather than a means to a greater end. I think investment should be seen as a force multiplier, something that will get you to your goal (market dominance, acquisition, IPO, etc) faster than you could without it. I think startups could use more advice on when and if it is appropriate to seek investment or bootstrap, but I don't agree with the sentiment that startups should avoid investment like the plague.
- studiofellow 15y agoNot like the plague, but it shouldn't be first priority. On that point, I think we're saying the same thing. I'd argue the end goals you mentioned can be harmful to the startup itself (not to mention the tech community), but that's a different debate. If your goals start smaller, you don't need funding in most cases.