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Because making a successful living heading a $10-20 million company that took 5-10 years to build isn't the lottery ticket we've all been sold on.
by phillmv 13y ago
Because making a successful living heading a $10-20 million company that took 5-10 years to build isn't the lottery ticket we've all been sold on.
- untog 13y agoA $10-20 million company you own all of, though. The VCs don't just give you cash for free.
- carsongross 13y agoRight, but note that the VCs are effectively asking you to bootstrap anyway before you get any real VC, and absorb all that risk yourself, regardless of whether or not the lottery ticket story is true. That's not to say there aren't ideas that really scream for VC: enterprise sales take a long ass time and require expensive sales-bots to get done, for example. But for a lot of SAAS type stuff, that isn't the case.