There, I said it -- and it must sound so out of vogue, since financial magazines are full of articles about M.B.A. students competing for big investments from venture capitalists. After all, who wouldn't take a check for $5 or $10 million to fund a start-up?
Well, I hate to be the one to tell you that there is no Santa Claus: VC money comes with a price, and because of that, it's not all it's cracked up to be. First, it is extremely hard to get, so chances are you will spend a fortune in time and end up with nothing. Your time could have been spent elsewhere, like fine-tuning and selling your products or services, and landing smaller investments.
To read the full, original article click on this link: Frank Farwell: Why You Should Forget About Venture Capital
