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by renauldo56
6003 days ago
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You are toast against a machine with funding and a 20-person team, unless that team is lead by incompetents or staffed with incompetents. Sorry. But that's one of the main reasons why getting venture is a good idea: part-timers or self-funders can't possibly bring the same resources. |
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funding is not a guarantee of success. in fact, a funded team has a harder challenge than the non-funded team. as soon as you take funding, the window for liquidity shrinks dramatically. venture investors want their money to grow by 10-20x. if things don't ramp in the way expected, then the investors will walk away and the entrepreneur will be left with a business that can't sustain itself and has to shut down. the more money involved, the less risks that can be taken. chances are very good that this funded team will not exist in 2-3 years.