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I worked at a place where they took VC backed rounds even though they didn’t need a cent to get access to the VC networks’ businesses for fat client business an
by com 3y ago
I worked at a place where they took VC backed rounds even though they didn’t need a cent to get access to the VC networks’ businesses for fat client business and keen supplier discounts. They seem to run like a kind of clan structure, and give you access if they get done if the upside in equity it seems…
- sitkack 3y agoI see VCs as going to a famous realtor that can put your property infront of the right people and is motivated by the big check they will receive.
- hinkley 3y agoYou also have industries where they pull the ladder up behind them. A few successful companies, they encourage or allow the creation of laws that govern behavior in this space, at the cost of much larger overheads and barriers to entry. The only way to break into those markets is with a war chest. You aren't going to start by selling a handmade product to a bunch of locals because one phone call and you'll be shut down.