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Don’t Take Venture Money

Posted on Tuesday, Jan 16th 2007

Charles Moldow of Foundation Capital writes a good piece on when and why entrepreneurs should not look for Venture money.

My addendum:

There is a glut of good small business opportunities out there right now, especially because the Internet makes it ever so easy to market, generate traffic, etc.

I want to also point out that entrepreneurs ought to consider not taking ANY outside money at all, which leaves them an option of running a cash business for years, without being forced to have an exit. The moment, however, they decide to take any outside money, they have to exit, and that’s not necessarily always desirable.

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