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Do you have numbers to show that those companies who do take money are likely to be more successful than those who don't Sure, just look up the number of co
by zaidf 17y ago
Do you have numbers to show that those companies who
do take money are likely to be more successful than those who don't
Sure, just look up the number of companies that have gone public without taking Series A. Not many. Thus, it wouldn't be far fetched to conclude that in order to be successful at that(IPO), you generally have to go through a VC.
None of this means that going through VC route won't result in majority failures. But that point is completely irrelevant. Most startups fail--VC or no VC--so pointing out failure in non-relative terms is insiginificant.