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I so much agree with this article! I always had the same thinking about investment, Mostly the part where you don't control your company (or control it way less
by cx42net 3y ago
I so much agree with this article! I always had the same thinking about investment, Mostly the part where you don't control your company (or control it way less).
And I would have kept it the same until we discussed with my co-founder about https://getfernand.com https://getfernand.com
The reason that makes us consider VC funding would be for the network and the exposure.
It would help us get in touch with other (big) founders with a broad reach and help us grow more. That would be a legitimate reason for us to get a (small) round.
(We are already profitable so we don't need the money for the money. But we need to find a VC firm that is not too manipulative in its investments. That might be the tricker part).
- DeathArrow 3y agoAren't there better strategies for PR and publicity than VC financing?
- cx42net 3y agoWe're definitely thinking of anything that could help. It's also common that funded companies appear more serious and long-term oriented, which can help. (It goes along with what is written in the article, as the "successful unicorn raises money" while it might no be the case, but the reality vs what people believe is often different). Since, for us, it wouldn't be because we aren't profitable and desperately need money, having VC money could help, or not ... :D