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This is a great site, and I think the more people are aware of the situation with Venture Capital, the more they realize that the real cost of it is not in loss
by BitGeek 19y ago
This is a great site, and I think the more people are aware of the situation with Venture Capital, the more they realize that the real cost of it is not in loss of ownership of the company, but in increased liklihood that your company will fail.
Plus, these days, unless you're buidling a manufacturing plant for a medical device or integrated circuit, there is no reason to raise $1M.
Build it for $100k-$400k with angel funds and if its worth a damn, you'll be able to monetize it and grow.
You don't need superbowl commercials ot get your app out there anymore... you need a blog. You don't need to go into expensive deals with portal players-- you just need to show up at carefully targetted conferences. (Twitters performance at SXSW is a great example of this.)