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thank you for sharing - certainly, one takes VC money because he thinks he's better with it (and the implications of having heavier profit incentives) than with
by dustingetz 15y ago
thank you for sharing - certainly, one takes VC money because he thinks he's better with it (and the implications of having heavier profit incentives) than without it.
> ... equate raising VC money with selling your soul... one opinion... Raising VC is good for some businesses, bad for others
one interesting datapoint is that most* YC startups accept the Yuri Milner offer (auto 150k angel round). not that all startups are like YC startups, and that all businesses should take money, and that taking money/aiming for the stars is what defines a startup, but I do feel a bit of a stigma of "if you aren't a startup you and your company suck". As I get better acquainted with Dunning-Kruger I wonder if all those YC founders are mortals after all, just like you and me. or maybe i'm on the wrong end of it again ;)
*no source, read it 6 months ago
edit: this doesn't even make any sense, sorry haha