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GMCR isn't a coffee shop, it is a company which makes coffee machines and K-cups that go in those machines. # of coffee shops that went national with no financ
by wtvanhest 15y ago
GMCR isn't a coffee shop, it is a company which makes coffee machines and K-cups that go in those machines.
# of coffee shops that went national with no financing = zero.
You can argue about the type of financing, but any type Starbucks had after the first investors expected big growth. Even today their stock price is at a P/E of 30 which means the market thinks they will growth at double digits every year.
I'm not saying going VC is good, or not going VC is good. Rather I am saying that each strategy has its own ups and downs depending on the type of business. Some businesses need VC funding to beat competitors, some can grow slow.