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by emestifs
824 days ago
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There's situations where it makes sense to raise $X million. And then there's situations where it makes sense to take nothing, bootstrap and become self sufficient. How do you compete against YouTube, Big Banks, Twitter if you generate $1 in "FU money" profit? A VC approach may make sense if that's your goal. But if you're creating a REST API client, selling it B2B, why are you raising $250 million at a $5 billion valuation [1], when you can just start selling it through organic dev network effects and growth? Context matters. [1]: https://news.ycombinator.com/item?id=39702610 |
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