10-19-2021, 08:26 AM
Why is the startup community so fixated on VC funding?
submitted by /u/i-am-a-passenger
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Having worked with small to medium sized businesses for years now, and currently being in the process of launching my own business/startup; I keep butting heads with potential business advisors and mentors over their determination that the goal should be VC or Seed/Series funding.
Everything we discuss always seems to lead back to “well investors will want this”, or “if you want to exit/IPO you need to do it this way”.
What’s wrong with building a businesses that funds itself through sales? Is it really crazy to build a company with no plan of selling a portion of it to investors or having no exit/IPO plan?
This concept truly seems alien to them, yet this is pretty much how every business outside the startup world operates.
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