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> At a smart business, you work for your customers. Well, then you're bound to the amount of money customers can give you. It's usually less than a VC partner
by lenerdenator 2y ago
> At a smart business, you work for your customers.
Well, then you're bound to the amount of money customers can give you.
It's usually less than a VC partner with a god complex can give you.
- TheNewsIsHere 2y ago> Well, then you're bound to the amount of money customers can give you. You’re _always_ bound by what the customer is willing to pay. Speaking more expansively, it’s just a proxy for whether the market will bear your prices/wants your product, and whether you are in the right place and/or positioning your product correctly. VCs just add a temporary runway so you don’t have to be as concerned about that.
- lenerdenator 2y agoThe market can be twisted to bear more through VCs. Uber's a great example.