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by mattgreenrocks 1606 days ago
Admittedly, I don't think about these CEO-type issues much, so my opinion is not worth even two cents here, but that loss of autonomy in how to structure and run what was believed to be one's own business sounds horrible. I understand what VC funding can do, but delegating those decisions to people not completely invested in the outcome would keep me awake at night.

It explains the behavior of VC-funded firms well though: they elected to receive VC funding, and they flaunt the results of that funding to justify it to others and themselves. It's part of the game. How will others know that you are successful if you are not showing it over and over?

1 comments

If you're interested, I think this article does a good job of laying out some of the realities of being a founder who has taken VC capital:

https://reactionwheel.net/2021/11/your-boards-of-directors-i...