"Call me old-fashioned, but running a business that makes money is not the worst thing in the world."
Are you kidding me? This is the whole point. Regardless of the funding, the goal is for a business to be self-sustaining. A company that relies on external funding is no company at all.
So let all the Zuckerberg-wannabes go after the funding and end-up with 1% stake with 0% authority... I'll settle for building the business, creating the processes and systems, attracting and supporting the customers, and keep my 100% thanks.
This is why Warren Buffet hates tech-stocks. Everyone thinks there's a different metric in tech. There isn't... self-generated cash is king.
Are you kidding me? This is the whole point. Regardless of the funding, the goal is for a business to be self-sustaining. A company that relies on external funding is no company at all.
So let all the Zuckerberg-wannabes go after the funding and end-up with 1% stake with 0% authority... I'll settle for building the business, creating the processes and systems, attracting and supporting the customers, and keep my 100% thanks.
This is why Warren Buffet hates tech-stocks. Everyone thinks there's a different metric in tech. There isn't... self-generated cash is king.