3 ms·
"Start a business with a business model that allows you to generate revenue in month 1." Funding is for companies who want to be big/great. Most big/great opp
by webwright 13y ago
"Start a business with a business model that allows you to generate revenue in month 1."
Funding is for companies who want to be big/great. Most big/great opportunities have a cash-intensive front-end that scares away most entrepreneurs. It's not a "cushion" - it's a MOAT. Funding is the boat that gets you across it. There are certainly exceptions, but I don't think it's fair to assume he's "using funding as a cushion".