Re:State of Independent SaaS 2021
by ta1234567890 on Wednesday February 10, 2021 @05:59PM
(#26096007)
> VC money makes it possible to support a bigger team from the outset
Yes. However, in practice, it is very rare to be able to raise money before the founding team has already been working on the business for a few months. Hence, by the time VCs put money into the company, most likely, the founders have already incurred their most significant financial risk.
Yes. However, in practice, it is very rare to be able to raise money before the founding team has already been working on the business for a few months. Hence, by the time VCs put money into the company, most likely, the founders have already incurred their most significant financial risk.