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by sampl 2937 days ago
Good to hear.

> If you really don't want to raise money from outsiders, just don't raise money.

This sounds like it’s perpetuating a false binary between VC and bootstrapping. This probably works in VC‘s favor, but not individual founders’ (on average).

PS - Basecamp is another ex of a tech co that raised money from non-VC investor(s) (Bezos) who got dividends—not a payday on an exit.

1 comments

I don't know how not raising money from VCs works in VCs favor, but I'm open to listening.
I meant to say that the “VC or bust” myth works in favor of VCs (since anyone in need of any money at all will feel like they have to work with VC terms)