[mcphage]

> Downvoters, kindly provide any evidence that avoiding VC funding increases your odds of success by 10x.

It's not so much, avoiding VC increases your chance of success by 10x. It's not easier to reach a $1M business without VC than it is to do so with VC. However, if you don't have VC, then a $1M business is probably a relatively stable company. But if you do have VC investment, they're looking for a high return on that investment, and so they won't be satisfied with a $1M business. They'll want that $30M business, which is harder, since the goal is so much higher.

[morgante]

If you've only raised enough money to get to $1M, then you probably haven't given up majority control and can choose to keep the business at a small size if you want.