[asifjamil]

> But there are tons of businesses that are better off using revenue as funding.

Any specific examples?

[nthnclrk]

You mean literally the majority of all successful businesses that have ever existed?

[tim333]

Fog Creek is an interesting example partly because it's written up and also because it's kind of a hybrid where they've remained self funded but spun off VC funded ventures in Trello and in some ways Stack Exchange http://www.foundersatwork.com/joel-spolksy.html

[StavrosK]

Interesting how that page has misspelt Spolsky's last name in half the places.

[wslh]

If you are asking about large private companies take a look at this US list: http://www.forbes.com/largest-private-companies/list/#tab:ra...