4min chapter

My First Million cover image

Andrew Wilkinson: The Hardest And Easiest Businesses To Start

My First Million

CHAPTER

Venture Capital Is an Alternative to Venture Capital for a Technology Business

Venture capital as we know it works perfectly fine. Most fail and very few become huge life changing things. But don't you think that they probably have burned the 10 million along the way trying to get the thing to grow hiring people, marketing, whatever else they're going to do? And now they still need money. It's a different form of capital in my opinion. I just fundamentally have a problem with founders who raise money at a very high valuation.

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