[josephlord]

I don't see the contradition between the articles. It says why VC's do OK when startups go for the big time but that it isn't always in the companies interest.

I think it should also depend on whether you have genuine (low acquisition cost) exponential growth. If you can show that growth I think funding should be possible without revenue and riding the growth might be worthwhile but if not you really need to be about alternative approaches.