Venture Capitalists Don't Understand Sass for Small Business

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We had a big competitor named constant contact, and they were doing very well because they were focused on their business. And that is what made venture capitalists come knocking on our door. Most start ups dream of having v cs knocking at their doors, especially at this moment when speed matters most. But ben and his team, we're already sceptical about v cs, and these first meetings reinforced our belief that investment wasn't for them. When you run into an investor who doesn't understand what you're doing, whose logic doesn't make sense to you, or tries to convince you to take a direction you strongly believe to be wrong, trust your instinct. You'll almost always know more about your

This week, we’re returning to an episode of Masters of Scale featuring Ben Chestnut, the co-founder and CEO of Mailchimp. The email marketing platform was acquired this year by Intuit in a multi-billion-dollar deal that closed this month. Hear how Chestnut used a DIY ethos to grow the company without ever raising a dollar of outside funding. The Mailchimp story is the exception to Reid's rule (always raise more money than you think you need!). The episode explores a range of options for those who don't fit the VC-funding mold. Cameo appearances: LeVar Burton (Star Trek, Reading Rainbow, LeVar Burton Reads), Don MacKinnon (Milq), Karen Cahn (iFundWomen).

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