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Venture capitalists are in the game only for the money (and rightly so). If you are building something you're really passionate about, and not just to fill a ma
by danmaz74 15y ago
Venture capitalists are in the game only for the money (and rightly so). If you are building something you're really passionate about, and not just to fill a market hole and exit as soon as possible, with as much money as possible (eg craigslist), having to deal with a VC could be a problem and bootstrapping could be your only real option.
- _delirium 15y agoYeah, one way of thinking about it is what success looks like. There are (simplifying) three main kind of startup success: 1) IPO; 2) acquisition; or 3) profitable long-term company. If your view of success is #1 or #2 (i.e. an "exit") within 5 years, then you're more aligned with VC views of success than if your view is #3. Also, between #1 and #2, the second is vastly more likely, so in most cases "exit" will mean losing control of your company.