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by blackrock
2019 days ago
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This may be true for small lifestyle type businesses. But some problems can only be solved with VC money. Because of time limitations. You may only have a small window of opportunity to capture a certain market. If you grew linearly, and built up product idea A, in order to fund product idea B, in order to fund product idea C, then by the time you’re done with product idea B, a decade may have passed by. You’ve also grown older, and may not have the energy of your younger self anymore. Also, a competitor, one with a larger funding pool, may have jumped in and captured that market, right in front of you. |
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