One of the cardinal rules of software development I've decided over the years is to seek to reduce complexity and reduce risk. With respect to entrepreneurship

One of the cardinal rules of software development I've decided over the years is to seek to reduce complexity and reduce risk. With respect to entrepreneurship I go in with a similar philosophy. Therefore as a general rule I think it's wise to avoid outside investment. Because it exposes you to unnecessary additional complexity, risk and sleaze. If you can start and grow a business without it, strongly prefer to do so. * Note that I speak in general terms. I love YC and trust PG so they would be an exceptional case where it can be a clear net win.