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Right then. I'll just go and build a business without any capital. Maybe my fairy godmother will just handle salaries and expenses. What's the alternative? Fun
by kevinpet 13y ago
Right then. I'll just go and build a business without any capital. Maybe my fairy godmother will just handle salaries and expenses.
What's the alternative? Funding solves the problem of "entrepreneur needs money to build business". You can't just dump on VC without offering some alternative way to solve that problem.
It's possible that bootstrapping is best, but he doesn't even bother to make that argument.
- markokrajnc 13y agoAfter seed capital and before 1st round of VC you will already make some sales. Maybe there is a way to increase sales and cover the salaries and expenses from the sales... If you can do this, this may be better than taking the VC...