DISQUS

VentureBeat: 5 milestones to reach before raising venture capital

  • Paolo · 3 months ago
    a great piece of advice that every entrepreneur should follow...
  • Name · 3 months ago
    I raised money from one of the "top 3" VCs in the valley, and the better advice would be not to raise venture capital at all. You can do much better raising money from HNWIs
  • spirofrog · 3 months ago
    Great article! :-)
  • Sante · 3 months ago
    Sound advice, I like the reasoning and the logic - you shed the right light on VC: they give you their money but they want your soul ...
  • Mike McDerment · 3 months ago
    Thanks Folks.
  • MusicBizGuy · 3 months ago
    Fantastic piece and oh so true. If I had a dollar for every time someone or a VC mentioned something related to one of your 5 milestones and how it was something I needed to consider, I would be in the Gates Buffet financial league figuring out how to distribute my vast wealth for good causes.
  • Roger Toennis · 3 months ago
    As first time entrepreneur that is 12 months into it in the midst of worst economy since the 30s and just got to first revenue on friends and family funding alone.....this blog post is spot on.

    I blog at http://over40innovator.blogspot.com

    Roger
  • Stu · 3 months ago
    If you have customers who are paying you good money, than it is even better to not take VC money and strive for breakeven cash flow. The problem is it takes money for product development, marketing, etc and often entrepreneurs can not wait until they have a fully developed product or customers before raising external capital.