VC capital is useful assuming it's a winner-takes-all / capital-intensive market, but many markets are not, in which case optimizing for $ raised is actually a

VC capital is useful assuming it's a winner-takes-all / capital-intensive market, but many markets are not, in which case optimizing for $ raised is actually a distraction Example: Delicious was sold to bootstrapped competitor, Pinboard for only $35K. Pinboard is still around to this day https://www.productlessons.xyz/article/pinboard-delicious-failed-startup https://www.productlessons.xyz/article/pinboard-delicious-fa...