An insightful perspective on bootstrapping a company versus growing it through venture capital.
It’s what I once called the “SimCity” model of growing. I used to often play the game years ago. I would take two approaches. One was to use the “FUNDS” cheat to get all the money I needed to build everything at once. But in doing this, I often found my cities built that way didn’t thrive. Instead, naturally growing my city slowly over time allowed it to stabilize and do well.
Folks, someone getting a lot of VC investment isn’t a sign they’re successful at anything other than getting VC funding.
(via Daring Fireball)