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Correct, but if you're interested in that, you start a regular small business, and you take a loan from a bank for seed capital. Venture Capital will give you m
by TeMPOraL 2y ago
Correct, but if you're interested in that, you start a regular small business, and you take a loan from a bank for seed capital. Venture Capital will give you much more more money and ask less questions precisely because they expect you to go for world domination - and they expect corresponding returns.
You don't reach for VC if you just want a lifestyle business, much like you don't reach for mafia money just to pay down your mortgage earlier. You have to know who you're getting in bed with, and what their expectations are.