>why would you give VCs a free ride with a steaming train instead of just going all in yourself and personally taking on a bank loan?
Because most startups fail?
And startups that VCs aren't interested in, even more so?
Because most startups fail?
And startups that VCs aren't interested in, even more so?
Do you have any reference or data to back this claim?
VCs often aren't interested in startups that don't aim to be a billion dollar business. And those might actually have a better chance of succeeding.
https://m.signalvnoise.com/reconsider-41adf356857f#.9npvz09a...
What I think the ecosystem of startups in general (not just tech startups) needs is a continuum where it's more or less obvious how to "plug into" an ecosystem and succeed. And as long as your company is producing a satisfactory product / service (to the customer) you're more than likely going to succeed.
Will this transition happen within our lifetimes? Perhaps not, but I think it's an important thing that needs to be fixed for the future of civilization. Do I even know exactly what this other world will look like? Probably not, but I do believe it assumes there will be far fewer ultra wealthy and ultra poor, and a whole lot of middle class.