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Replying to your deleted comment on another thread: IMHO if possible, grow your business without investors and retain control. Jason Cohen has an amazing talk
by robocat 4y ago
Replying to your deleted comment on another thread:
IMHO if possible, grow your business without investors and retain control. Jason Cohen has an amazing talk on bootstrapping, with some very solid advice from his own experiences: https://m.youtube.com/watch?v=otbnC2zE2rw https://m.youtube.com/watch?v=otbnC2zE2rw
Look at co-working spaces near you? Our business worked in an incubator for a bit, and the problems we saw with investors in other startups were eye-watering. We retained 100% ownership, and that was the right decision for us. Learn from the mistakes of others at different stages just by being around them.
Flick through my previous comments on VC for external links that explain my points better: https://hn.algolia.com/?dateRange=all&page=0&prefix=false&query=robocat%20vc&sort=byDate&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
I was a founder, and I don’t know shit about VC except through reading, so be appropriately skeptical about my thoughts and only take what is of value for your circumstances.
Here’s a post that turned up this morning on Angel investors: https://open.substack.com/pub/colingardiner/p/what-to-look-for-in-an-angel-investor https://open.substack.com/pub/colingardiner/p/what-to-look-f...
Beware: the VC model and the whole industry can at times be parasitic, self-serving, and definitely has vibes of Ponzi or pyramid schemes, and the worst excesses are hidden from view if you are not in the industry.
Good fortune.