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I 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, so
by byoung2 15y ago
I 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.