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It won't destroy the company. Rather, it defines it, for better or for worse. And it may remove the connection to the founders' vision for the company.
by tomrod 3y ago
It won't destroy the company. Rather, it defines it, for better or for worse. And it may remove the connection to the founders' vision for the company.
- dylan604 3y ago>remove the connection to the founder's vision How is that not destroying the company from the founder's perspective? Is there any way to take the "don't accept VC money" relevant to anyone that's not a founder?
- DriverDaily 3y agoAre “destroy the purity of my idea” and “destroy the company” the same?
- tomrod 3y agoI personally view them as separate.
- tomrod 3y agoPrimarily a semantics game. Your business entity will still exist if you take VC money. However, the VC now has a say in the business and its profits, while their target may not be aligned to the founders' vision, hence a wedge that splits the company from the vision. That wedge may immediately divorce (what most would call a destruction) or it may take time.