[caseysoftware]

That's a good call for many situations.

Once you accept cash from someone else, you give up some control and you get a giant ticking clock. Even if you're "successful" by most measures, if you're not successful by their measure, you might as well be dead.

[crazy_ant]

Absolutely. That's why we are bootstrapping here, despite being offered funding in the past (unsolicited, I might add). For someone who is trying to build a healthy lifestyle business, accepting money from a VC is equivalent to agreeing to having a boss.

When entrepreneurs who have accepted funding are not able to meet certain targets, they routinely get sidelined and/or replaced. I don't know why so many people here pretend that's not the case.

[daniel_levine]

I know many situation where the only control given up is basic minority shareholder rights, which you give up with a partner or employee.

And I know even more where there isn't a clock. You can always pay dividends instead of selling or going public.

Too much hyperbole. For some examples see my previous comment.

https://news.ycombinator.com/item?id=12385952