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Why you shouldn't chase unicorns; 3 Big VC Myths; and how to keep control of your startup
Manage episode 396890222 series 3298391
$1B startups get all the hype. But for 99% of founders, it’s the wrong goal. You’re better off building a sustainable business with consistent growth.
Raising big rounds won’t make your company big and staying lean won’t make your company small. That's just VC Myth 1.
Raising round after round does not equal success. That's just VC Myth 2.
Just because you raise more money, doesn’t mean you make more money. That's just VC Myth 3.
Send me a message to let me know what you think!
Chapters
1. Why you shouldn't chase unicorns; 3 Big VC Myths; and how to keep control of your startup (00:00:00)
2. Review of VC funding in 2023 (00:01:37)
3. My Own Story of Chasing Unicorn Status (00:04:00)
4. 1st Myth: Big Rounds = Big company and Small Rounds = Small Company (00:09:20)
5. 2nd Myth: The Faster You Raise The Better (00:11:07)
6. 3rd Myth: Founders that raise more money make more money (00:14:59)
112 episodes
Why you shouldn't chase unicorns; 3 Big VC Myths; and how to keep control of your startup
A Product Market Fit Show | Startups, Founders, & Entrepreneurship
Manage episode 396890222 series 3298391
$1B startups get all the hype. But for 99% of founders, it’s the wrong goal. You’re better off building a sustainable business with consistent growth.
Raising big rounds won’t make your company big and staying lean won’t make your company small. That's just VC Myth 1.
Raising round after round does not equal success. That's just VC Myth 2.
Just because you raise more money, doesn’t mean you make more money. That's just VC Myth 3.
Send me a message to let me know what you think!
Chapters
1. Why you shouldn't chase unicorns; 3 Big VC Myths; and how to keep control of your startup (00:00:00)
2. Review of VC funding in 2023 (00:01:37)
3. My Own Story of Chasing Unicorn Status (00:04:00)
4. 1st Myth: Big Rounds = Big company and Small Rounds = Small Company (00:09:20)
5. 2nd Myth: The Faster You Raise The Better (00:11:07)
6. 3rd Myth: Founders that raise more money make more money (00:14:59)
112 episodes
All episodes
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