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"It struck me more as simple than gold. If a VC that invested in a company gives them advice then obviously his goal is to make more money... but that goal will
by s73v3r 15y ago
"It struck me more as simple than gold. If a VC that invested in a company gives them advice then obviously his goal is to make more money... but that goal will, in turn make you more money too."
Not necessarily. Especially when talking about funding, the VCs are NOT out to help you or your business. They are out to make money. Sometimes those goals can coincide, but not often.
And seriously, the rest of that post is just an excuse for their bullshit. They have money. So fucking what? Why should that enable them to take most of the company, when it was your hard work that actually made it successful? I understand they need a return, but there is no reason why they should get the lion's share of the reward.