Y-Com This is a
Here are four lessons
#1. Takeoff with less
Neither VC Even with VC 94% of billion It is important to
#2. Raising less at
The VC model Silicon Valley guru The model appears to Even among these 20,
The Unicorn- Michael Dell built the He hired executives to Mark Zuckerberg ( But he kept
#3. Raising smartly
Entrepreneurs can maintain Early-stage capital The financial cost of For example, This is a eBay is an exception About 1 venture out The rest either don
#4. You can improve your
If you get If you lose control
Why you should keep
Only Can you attract the best VC?
Only 15 of these ventures are considered to be successful. Will you be among them?
* VCs will likely fire you. Is this what you want to do?
Truth about VC: VC avoiders retained 7 times more wealth than those who received early-VC. Are you starting your venture in order to make yourself wealthy or others wealthy?
MY TAKE: Will business schools follow Y-Combinator’s lead, or will they continue to teach the VC-based model?