3 ms·

"What would you rather own, 100% of something or 5% of a dream?" This goes directly against what I've heard before: "a small piece of a big pie is better than

• davidw 19y ago
  Someone should make a big collection of these pithy bits of advice that get written up in bullet points, each one with the opposing bullet point that gets brought up by some other purveyor of wisdom. I'm certain that for a lot of these people, their advice is not exactly scientific, but more along the lines of "I did this and this and this, and it all worked out", which is fine, but in a complex system like that, who knows what caused what, and what is just noise. One of the things I liked about 'Founders at Work' was that it was such a wide array of people and undertakings, that it did actually give some insight into things that were common to othewise diverse groups.
• JohnN 19y ago
  I could be putting words into markus's mouth, but I think what he is getting at, is that to be successful in a start-up you don't really need vc money. there are plenty of other ways to do it. Start-ups are too obsessed with funding. You hear about start-ups building products no way as complicated as loopt and yet they are getting 5 million. What are they spending it on!?! The fact of the matter is, many start-ups will not be profitable even with a seemingly good idea and vc money to propel them. I get the sense that a lot of the funding craze is an attempt to stave off bankruptcy, nothing more.