3 ms·
All true, although in some cases you can avoid the "need to raise capital problem" by using normal business loans rather than selling ownership stake. You still
by Spivak 4y ago
All true, although in some cases you can avoid the "need to raise capital problem" by using normal business loans rather than selling ownership stake. You still need to grow to pay back the loan but you don't have the problem of new investors with their hands in the pot making demands.
- fisherjeff 4y agoYes, but even then there’s a good chance your bank will impose covenants on you that are not necessarily aligned with your own goals.