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One Reason You Shouldn’t Worry About Getting Venture Capital

August 11, 2015 Comments off

Dileep Rao posted an interesting article entitled: Why 99.95% Of Entrepreneurs Should Stop Wasting Time Seeking Venture Capital. It was posted in Forbes Entrepreneur Blog.

Venture-Capital

It is an interesting analysis stating that odds are likely you will grow your business without Venture Capital.  It simply reinforces the notion that working on your business to build and please customers might do you better than chasing the odds of gaining traction with a VC, at least in the early stages of your company.  Still, the VC community, as Rao contends, is a formidable PR machine and the populace (i.e. press) seems to look their direction for validation and guidance.  Is this the right place to look?  If it is not, where should entrepreneurs (and policy makers) seek a “gold standard” to pursue?

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