Comment on The most successful global tech bets are efficient and practical startupsparentComments−giantg25yNice! Keep that capital with the workers/founders instead of increasing the wealth of greedy VCs.−whall65yLet’s not forget that greedy VCs can’t invest in your business without YOUR approval.−mandelbrotwurst5ySure, but if they’re systematically subsidizing the growth path of your competitors, giving them a massive advantage, withholding that approval becomes a tougher call.−giantg25yWhich was the action I am applauding them on - the choice not to use VC.−tfang175yAnd to our employees!
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Nice! Keep that capital with the workers/founders instead of increasing the wealth of greedy VCs.
Let’s not forget that greedy VCs can’t invest in your business without YOUR approval.
Sure, but if they’re systematically subsidizing the growth path of your competitors, giving them a massive advantage, withholding that approval becomes a tougher call.
Which was the action I am applauding them on - the choice not to use VC.
And to our employees!