Hacker News new | ask | show | jobs
by BitGeek 6778 days ago
Venture capital is betting your company on one idea and bringing aboard a bunch of people who understand neither management, business nor engineering to interfere with your company.

Bootstrapping is finding the avenue to success wherever it leads-- without the "insights" of incompetent outsiders.

Venture Capital is always a bad idea- unless you're building a factory, or medical devices.

Angels, on the other hand, can be ok, as can friends and family and small seed stages like YC.

But VC is the more risky approach.

1 comments

VC pressure also tends to dictate the decisions your company makes - and this is where I see a lot of problems.