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That option is still there, but does not make headlines. Lots of companies, namely those not in the Valley, go for the organic growth route. It is very fulfilli
by sergiosgc 12y ago
That option is still there, but does not make headlines. Lots of companies, namely those not in the Valley, go for the organic growth route. It is very fulfilling, but won't make you the next Bezos or Shuttleworth. The VC route is a high risk high reward game. The organic route lowers risk and reward.
What I mean is that absence from the media is not non-existence.
- slowing13 12y ago"The organic route lowers risk and reward." Yes on the risk, fully disagree on the reward part. And i am not talking about the reward of being able to focus on the business rather than raising money. I am talking about cold hard cash. In a successful small business, many owners will make mid 6 figures, year in, year out, and still many will make 7 figures. After a few year, it beats a lot of exits. And there are many many more of those than the few IPO / big acquisition we can read about. Even with IPOs, the remaining share of the founder sometimes makes me sorry for them. VCs don't publicize that though, understandably.
- sergiosgc 12y agoA six or even seven figure salary won't make you a billionaire. The success cases of the highly leveraged approach are billionaires. The highest return with high leverage is higher. I do agree with you on the rest of the comment. The mean return for a highly leveraged approach is probably lower than the mean return for organic growth startups.
- adventured 12y agoHow about the next Bill Gates? Microsoft was bootstrapped.
- maaku 12y agoYou need to read up on your history I think. Most plutocrats bootstrapped their businesses. Most giants of the tech world sought VC funds after they were runaway growth and/or profitable. The VC story only matches a few cherry-picked examples.