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by steve___
6032 days ago
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I started the business as a hobby in 1995 while I completed high school.
In 1999 I met Jim and became much more focused. I didn't have the
'startup' concept until 2005 when I read Paul Graham's essay, "How to
Make Wealth". In hindsight we should have exited the company somewhere
between 2003 and 2005. re: not something VCs are interested in - we didn't require VC money.
I do not think VC money is always necessary in starting a company. If anything
I believe it adds a layer of complexity which could hurt founders
especially with their first go at it. re: laid back - I guess this is relative. I do know things were much
more stressful and frantic in 2001. I also know we are more focused
today and complete far more in 10 hours now than we did back then. |
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Bad VCs add complexity and it's wrong to stereotype all of them as the same, where there is capital there is greed. Good VCs bring a ton of value outside of just money.