All tagged Venture Capital
Get funded!
If you float around social media long enough and follow certain cohorts or hashtags, you’d be forgiven for thinking that there are only a few paths to entrepreneurial success - and even fewer paths that are ”right”.
In particular, the pressure is to get funded - or at least that’s the option that provides (is given) the most ’social’ credibility.
I read a tweet the other day about a founder who was worried that his company was growing at “only” 25% a year and, as a result, felt he needed to get bought.
Now, to any objective observer, if you were to set up a business that returned 25% top line growth year over year, that would be considered, without question, a successful enterprise. I mean, we’ve all heard that stat about how 80% of new businesses fail within the first year. So then to not only get past that but to also flourish and grow, is a heck of an achievement.
