Re:Everpix, Snapchat, and the Startup Lie
by eaurouge on Friday November 08, 2013 @03:12AM
(#6695091)
I don't know what you do or don't understand, but your post isn't entirely accurate. VCs invest in early-stage companies with strong potential for high growth. That means companies like SnapChat, yes, as well as companies like Amaranth Medical [1].
Your post takes the example of two startups in the consumer photo industry and generalizes it to startups and VCs operating across an entire spectrum of industries. That alone suggests a limited understanding of VC funding.
I won't suggest taking VC funding in all (or even most) cases. But it is the right thing to do when your company's interests are aligned with the VCs.
Your post takes the example of two startups in the consumer photo industry and generalizes it to startups and VCs operating across an entire spectrum of industries. That alone suggests a limited understanding of VC funding.
I won't suggest taking VC funding in all (or even most) cases. But it is the right thing to do when your company's interests are aligned with the VCs.
[1] http://www.mddionline.com/article/bioresorbable-stent-startu...