It depends, without VC many people will never have any company to start with. Not all company can be a lean one, some just need external investment to gain speed to survive, some indeed has no needed for VC. Take it when it's good for you, avoid it if you don't really need it.
Don't Take VC Funding – It Will Destroy Your Company
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Re: Don't Take VC Funding – It Will Destroy Your Company
#12It depends, without VC many people will never have any company to start with. Not all company can be a lean one, some just need external investment to gain speed to survive, some indeed has no needed for VC. Take it when it's good for you, avoid it if you don't really need it.
reading the article might help here
Many of us come to HN for the discussion and don't even care for the articles. Threads will often digress into interesting and orthogonal tangents.
A better way to respond might be, "your comment is true in some circumstances, but the article states condition X, which makes the advice applicable."
Re: Don't Take VC Funding – It Will Destroy Your Company
#13Re: Don't Take VC Funding – It Will Destroy Your Company
#14There is no way I’ll start another startup unless I receive backing from a huge VC company.
Current economic paradigm is more similar to centralised/controlled economies of USSR. Thus if you want to succeed, you will need friends with connections to central banks.
Re: Don't Take VC Funding – It Will Destroy Your Company
#15Re: Don't Take VC Funding – It Will Destroy Your Company
#16I guess some companies like Yahoo were never profitable but some people got rich buying and selling shares.
Re: Don't Take VC Funding – It Will Destroy Your Company
#17Earlier quoted context omitted.
reading the article might help here
This is an unhelpful comment and tone that doesn't add much. Many of us come to HN for the discussion and don't even care for the articles. Threads will often digress into interesting and orthogonal tangents. A better way to respond might be, "your comment is true in some circumstances, but the article states condition X, which makes the advice applicable."
Re: Don't Take VC Funding – It Will Destroy Your Company
#18It’s fine for the author to be all high and mighty about looking down on taking funding, but for most people bootstrapping isn’t practical or even possible, the business they want to run requires full-time focus and attention, and they don’t have the means to work for 2+ years without a paycheck. VC funding gives people like that a chance to try!
Re: Don't Take VC Funding – It Will Destroy Your Company
#19Re: Don't Take VC Funding – It Will Destroy Your Company
#20Earlier quoted context omitted.
This is an unhelpful comment and tone that doesn't add much. Many of us come to HN for the discussion and don't even care for the articles. Threads will often digress into interesting and orthogonal tangents. A better way to respond might be, "your comment is true in some circumstances, but the article states condition X, which makes the advice applicable."
Which is why this place is just Reddit with more flowery language and an illusion of expertise