4 ms·

For people with financial burdens, venture capital can be the difference between being able to pursue your startup dreams, or letting them die on the vine. The

For people with financial burdens, venture capital can be the difference between being able to pursue your startup dreams, or letting them die on the vine. There are definite downsides to raising money, and I totally understand the stigma the HN community tends to attach to it. Having said that, a 500k seed investment let Jesse and I put down everything, and put 100% of our efforts towards Attachments.me. I have no regrets about this.

dkrich 14y ago
I'm not debating the merits of raising cash. Most companies and businesses have to do it when starting out. The part that I (and I'm assuming the OP) find puzzling is the part about "climbing to the top of the hill overlooking the city and realizing all our childhood dreams had come true" after having raised a round of investment. This seems to me to be saying "we got a million+ investment and we won!" I think for most that's not really the point of starting a business.