Saturday, February 11, 2012

The Perils on VC Funding by David Richards

Spot on

Taking venture capital too early can ruin you, because rather than creating a business plan for a marketplace, you are creating a business plan for a VC. It's just not good for business. Don't get me wrong, venture has a part to play in growth for businesses that require bringing a chip to market, something that can cost a minimum of $100m. However, venture capital doesn't always have to have a place in early start-up business.
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