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> Once you take VC money you're in a completely different situation, where you need to grow fast to show them a return. This. The VC model is to turn the busin
by SideburnsOfDoom 4y ago
> Once you take VC money you're in a completely different situation, where you need to grow fast to show them a return.
This. The VC model is to turn the business into a gamble: grow huge, or die trying - "planet-scale growth or self-destruct". (The third outcome, "get acquired" is a wash) They an afford to lose that gamble the majority of the time, because the minority of big wins make up for it. They do it in parallel.
But for the business owner, it's just one roll of the dice. A single shot at a time.
You don't seem to want this gamble. Good for you. Tell them politely that this doesn't suit your plans at this time.