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I'm sorry but the answer to that is obvious. If you are looking to run a small to medium sized business, feel free to continue self-funded or with traditional
by tsunamifury 4y ago
I'm sorry but the answer to that is obvious. If you are looking to run a small to medium sized business, feel free to continue self-funded or with traditional forms of finance. If you are looking for VC, you are committing to a higher risk, higher reward agenda for your company.
Its up to you. Its not like VC's owe you investment to make a small business.
- benj111 4y agoThe OP is asking for advice whether to shut down their 'successful' company. The parent is pointing out that there are other metrics. They aren't commited to a high risk strategy. They may have planned it that way but that may because /everyone/ does it that way. What's wrong with putting other options on the table.
- ianbutler 4y agoThat makes it "not a startup"[0] in a lot of people's eyes. It's just a regular small business, and you're probably going to have to bootstrap, investors aren't interested in that type of company. There's nothing wrong with having a small business, I'm actually somewhat convinced they generate more user value, and can treat their employees better these days. [0] many people, myself included, define startup as a company seeking rapid growth, using investor capital to do so and will most likely rapidly die if it can't. Versus any new company under the sun that can be sustainable.