I agree, especially with the last sentence. But there's an important point buried in one of the e-mails in the article:
2 weeks ago we walked away from $160,000 in seed funding because we decided [..] we should get profitable before we take funding to get a better valuation
Getting press from places like TC will be very helpful when it comes to finding funding, especially if it's from the typical Bay Area crowd.
But I do still agree with your last sentence and a company that does well in its own niche and doesn't need funding is certainly more cooler than one that does - it's just not what everyone wants to do.
Comments
I agree, especially with the last sentence. But there's an important point buried in one of the e-mails in the article:
2 weeks ago we walked away from $160,000 in seed funding because we decided [..] we should get profitable before we take funding to get a better valuation
Getting press from places like TC will be very helpful when it comes to finding funding, especially if it's from the typical Bay Area crowd.
But I do still agree with your last sentence and a company that does well in its own niche and doesn't need funding is certainly more cooler than one that does - it's just not what everyone wants to do.