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Thanks for the posting this link. It is concise and written by a very experienced entrepeneur.

Good advice for those in startups now. If you don't have funding and you're not focused on monetization of web traffic, don't go to VCs.




"and you're not focused on monetization of web traffic"

If you are, perhaps you don't need VC though...


I'm not clear I follow your logic. If you are focused on monetization, that just means you have a business plan with a great monetization story.

To get from a Business Plan to a staff, office, and working product, you need to get some moolah. If just a small amount of money, then you don't need VCs. Angels or bootstrapping will do. If you need a large amount of money, then VCs are the way to go.




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