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by akharris 1934 days ago
There are quite a few VC firms that model what you're talking about - for instance I think this describes what Garry's doing at Initialized.

But raising money is a choice that some founders will make because their businesses require it. If you don't need it, don't raise it. If you do need it, go into the process and decision with as much information as you can get.

1 comments

I think I should have phrased my comment better. I’m not opposed to the idea of raising funds to grow a company, but the way that it’s usually done today. In particular: the people that the money needs to be raised from (VCs) seem to not be the kind of down to earth engineers that I love and respect, and the process itself involves a lot of marketing fluff that I find off putting.

I am willing to accept that, it may not be possible to have such a process. Perhaps to succeed in the “real world” you absolutely need to be fantastic at marketing and pitching.

I’m trying to describe what a process would look like that I personally would find enjoyable to work with, ignoring the reality of what might actually be required.