VCs Are the Rocket Engine, but Timing Is Key

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When there are that many unknowns about your market, your product and your aims, the v c path is probably not right for you. Vss come with a very understandable time frame on which things have to happen. And so you end up failing fast or succeeding fast, if your aim is rapid growth. Now i'm not going to recommend you take the endless angels route, but the right team of angel investors can certainly help you break through the moments when you're spinning your wheels.

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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