Most of you founders should not take venture capital.
Some will benefit greatly from it.
Some will be actively harmed by it.
But for the majority of startups, VC is not the right capital source.
When the source of capital is misaligned to the eventual growth potential of the business, the two sides (investor and founder) will naturally be set at odds with one another. That leads to acrimony, bad blood, all of it.
The seed-strap path (1 round from VCs and done) is a dream! Just not one that most VCs are interested in funding.
The world is full of beautiful business models, venture is simply the best at talking about itself 😁
So maybe the next time you hear "no" from dozens of VCs, you should agree with them and build anyway!
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