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'he generally took a dim view of VCs and preferred to bootstrap" that's pretty counter-intuitive in today's bubble-blowing tech climate. we praise companies fo
by capkutay 12y ago
'he generally took a dim view of VCs and preferred to bootstrap"
that's pretty counter-intuitive in today's bubble-blowing tech climate. we praise companies for raising the most money from the hippest VCs rather than customer retention, technology, and market position
- josefresco 12y agoAfter the first dotcom bubble just the opposite was praised arguably to the extreme. The answer is somewhere in the middle - focusing on profit from day 1 can stop you from doing things, but taking VC money from day 1 with no plan for revenue is also potentially fatal.