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Humble Venture founder Harry Alford cautions against rushing towards venture capital funding.

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When cash is a constraint to growth, then capital can be a good thing. However, a majority of startups shouldn’t seek VC funding because it puts a timeline on your business and limits flexibility. VC money isn’t always a requirement for scaling or exiting a successful startup either.
https://www.1776.vc/?p=26388

Once you take on funding, your investors become the customers. Tesla’s Elon Musk agitated Wall Street when he recently tweeted considerations to go private at $420 a share, saying it would be beneficial to remove short-term pressures. Musk explained:

“Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term.” — Elon Musk

Growth or Profitability?

Raising venture capital (VC) and going public have been exceedingly glorified and VC appetite for unprofitable startups is intensifying. The proportion of companies reporting losses before going public in the US is at its highest since the year 2000. Shareholders value growth, valuations and exits — often preventing startups from focusing on their priorities: customers, revenue and profitability.

Read more: (https://www.1776.vc/?p=26388) Venture capital funding has limits - staying private longer


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