Your startup needs revenue not venture capital to survive. This is business 101 not rocket science.
Also venture capital does not have a lot of correlation with success. Building a startup is really hard regardless of funding so focus on revenue first and the rest will take care of itself.
@agazdecki Well I'm positive that in more cases than not VC brings mentorship and networking rather than money. Seems quite straightforward.
@agazdecki I agree to 💯. My last startup gets venture capital with no revenue. 💰 We failed.🚫 I think it was because of the venture capital. Now I try the bootstrapping way🚀
@agazdecki Strategic partnerships > Venture Capital
@agazdecki Cash flow positive businesses don’t go bust
@agazdecki The opposite is equally true or false, depending on the type of business you're building. x.com/michuk/status/…
@agazdecki The opposite is equally true or false, depending on the type of business you're building. x.com/michuk/status/…
@agazdecki Raising capital is often a distraction to startups. The raised capital does not mean anything for how your company can succeed. It may only mean you get a longer runway.
@agazdecki It's really a world where: 1. You're a creator building a profitable, sustainable product Or 2. You're a VC/Investment bro and you're building something thematic that you know will Garner investment dollars, and likely won't be sustainable for a long time.