I honestly think you could make an entire college course just based on the stuff that the Basecamp guys have put out there. I don't necessarily agree with their perspective 100%, but it's valuable to consider vastly different viewpoints.
“but investors usually know who the entrepreneurs, and major clients and vendors and joint-venture partners“
Not every company/startup is dependent on investors or joint ventures.
Building something and putting it out there. Grow by demand.
Get buy offers by your ACTUAL performance, not by some investor money -> PR stunt -> hypetrain -> overestimation.
I don't even mean to attack you. I just get the feeling that the general audience here assumes that an investor is NECESSARY for success
I honestly think you could make an entire college course just based on the stuff that the Basecamp guys have put out there. I don't necessarily agree with their perspective 100%, but it's valuable to consider vastly different viewpoints.