Every 20, 30, forty companies in sulicon valley, some company actually achieves this unrealistic goal. So that's the dynamic of how venture capitalists look at it. Venture capital is not the only source of fund raising in the world. You have no right to get venture capital. It is a competition. And the people who judge competition are capital alligators known as venture capitalists. That's the crazy, insane slokon valley methodology. I have no idea why this exists, or exactly how we got here, i'll be totally honest but it exists in the world.
In a Founder University segment, Jason compares running a bootstrapped vs. venture-backed company (1:17), discusses 'pegasus' companies (11:09), advises what types of businesses should take VC (23:59), and explains what motivates VCs (33:27). Then Zach Coelius joins to take some listener questions (38:48).