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Congratulations on finding success and satisfaction in your work. I hope to one day find the same. Personally, I think you should keep doing what you’re doing.
by null0pointer 4y ago
Congratulations on finding success and satisfaction in your work. I hope to one day find the same. Personally, I think you should keep doing what you’re doing. If you accept VC money you are now beholden to your shareholders and are no longer in control of your business. The degree of autonomy you have, the quality of your product, and the satisfaction you derive from your work will all surely suffer as a result. It’s a deal with the devil and frankly, were I running a business, I would stay away.
PS. These are merely the opinions of someone with no experience operating a business.
- abrookewood 4y agoI'd agree, although selling the business outright (or retaining a small percentage) and then moving on to something else would allow you to try and repeat the success (which admittedly you may never be able to), but without any financial concerns.
- jerrre 4y agoApart from the financial part, whether that's interesting as an option depends what you enjoy more: creating a business from scratch, or running and evolving a business.
- dolmen 4y agoVC money implies that the VC will usually want an exit in 5 years (or less). With VC money clock is running. That's not what you want if you really care about your product.