The problem with VC money is that you are likely taking on powerful investors / co owners that are unlikely to have the same goals that you have (or should have).
VC money comes from those that have already become successful. So they are pushing for a strategy that will cause the majority of companies to fail but with the small chance that one will become the next Google, fb, etc.
Most founders can't afford that methodology. They should be looking to build a good company with good cashflow that can earn them a healthy nest egg and make them wealthy. When was the last time you heard of a VC that wanted good dividends from their portfolio companies?
So yes, if your goal as a founder is to build the next unicorn and you are willing to risk everything on that small chance to make it super big, then you should go the VC route. Problem is, you have one company and one life, so you better hope your company is the one in 10 that have a profitable exit.
Or maybe save yourself some time and just go buy lottery tickets.
VC money comes from those that have already become successful. So they are pushing for a strategy that will cause the majority of companies to fail but with the small chance that one will become the next Google, fb, etc.
Most founders can't afford that methodology. They should be looking to build a good company with good cashflow that can earn them a healthy nest egg and make them wealthy. When was the last time you heard of a VC that wanted good dividends from their portfolio companies?
So yes, if your goal as a founder is to build the next unicorn and you are willing to risk everything on that small chance to make it super big, then you should go the VC route. Problem is, you have one company and one life, so you better hope your company is the one in 10 that have a profitable exit.
Or maybe save yourself some time and just go buy lottery tickets.