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No 1. by miles and miles is fundraising at all. Just saying, but nobody successful I know spends or spent any time raising funds for their company that wasn't
by jheriko 13y ago
No 1. by miles and miles is fundraising at all.
Just saying, but nobody successful I know spends or spent any time raising funds for their company that wasn't just saving their wages.
The one case I know of where they tried (after already being successful I would add) they were already doomed before going down that path ... it just took a while for it to come to fruition. Given that the only people I know who thought this was a good idea lost their business from right under their nose anyway I'm not inclined to think that in general it is a good idea.
The small number of spectacular successes that came from VC capital make it seem more reasonable as a choice than it is... they also make it easier for VCs to invest and see a return because some of those spectacular success are worth a lot and more than make up for the fact that without them its just a game of losing money constantly...
- ballard 13y agoIt's push vs pull. If you build value, investors will beat down your door.