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by xwdv
1040 days ago
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A nice small SaaS will also almost always die quick. IMO, it is foolish to hinge the decision of taking VC money or not based on potential lifespan alone. VC money could kill your startup quickly, but you could potentially make a lot of stable money in that short period of time, and end up better off than collecting smaller profit from your small SaaS that lives for a longer period of time. And yea most of the time you are reinvesting profits but you should hopefully be paying yourself too along the way. Not to mention you are also paying a lot of other people as well and creating value for them. Ultimately VC money isn’t destroyed, it’s just reabsorbed into a wider economy. |
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