Don’t Take the Money
Following up on my previous post, here’s more from Fred Wilson:
I sometimes do a class at NYU’s Stern Business School called “Venture Capital, When You Need It, When You Don’t”. I make the point in this class that Venture Capital is the wrong source of capital for the vast majority of entrepreneurial ventures.Here is the powerpoint I use when I teach the class. If you are thinking about raising venture capital, give this a read and think hard about it before you start the process.
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