Don't Take VC Funding – It Will Destroy Your Company
You’re so right! It was an absolute disaster for us. Never do it!!!!!<p>Kidding aside, it is true that raising money from VCs puts you on a very defined path with really only three potential outcomes: 1) failure, 2) sell to acquirer, or 3) go public. There are a small handful of exceptions, mostly for companies that throw off massive amounts of cash, but, realistically, those are the outcomes.<p>If you don’t like any of those end states and what it realistically will take to get to them, don’t raise money from VCs.<p>But, having done so and been successful and taken a company public, I can say: it’s pretty great and I have zero regrets about anyone we raised money from. And I’m proud that everyone who invested in us prior to going public made at least a 10x return.<p>While there are plenty of VC horror stories, there are fairytales as well.