I think creating a business can be one of the most rewarding things a person can do, and I want as many people to find success in that as possible.
I think creating a business can be one of the most rewarding things a person can do, and I want as many people to find success in that as possible.
It is possible to create a business with a very ambitious growth trajectory regardless of whether you have taken VC or angel funding or whether you are bootstrapping. It's just a lot easier to do this if you've taken funding.
In the valley, most plausible ambitious growth trajectory businesses are VC-funded of course; this is not necessarily true elsewhere. As someone who has lived in the valley for many years and before starting a startup outside of the valley, it's easy to understand why: not all funding climates are created equal.
The thing is, your comments come off as extremely dismissive: the implication is that anything not-funded is a "small business", which is the equivalent of a pat on the head and "nice lemonade stand, son" (or, Italian restaurant, if you're DHH).
Finally: say a startup has a high growth trajectory and closes a Series A round. Was it a startup before it closed the round? I'd argue the investors thought so...
I found your comment(s) very insightful. Thanks a lot for posting.
If you're starting up you should be questioning the ROI on everything--and trying to figure out what it may be for a VC is part of that.
There's no free l(a)unch.