That list sounds right I think their is nuance for this one
>3. "You have to focus on large markets with many (or large) customers"
>Yes you shouldn't take VC money if you don't want to go big eventually.
One can want to grow to a point of organically understanding the problem domain before going big.
The VC and the company may differ on the short term but agree on the long term.
Which is a distraction. If the company is doing everything else suggested and the VC pounds on this issue.
I would think the ideal time frame for the use of VC funds is probably about 2 years. If the company can't make productive use of the funds and return it in 2 years the timing of the funding is bad. If funding is needed for some large capital expenditure that will depreciate over decades should have existing revenue support.
I think Wall Street has created a different industry that is a business model of its own fantasy.
>3. "You have to focus on large markets with many (or large) customers" >Yes you shouldn't take VC money if you don't want to go big eventually.
One can want to grow to a point of organically understanding the problem domain before going big.
The VC and the company may differ on the short term but agree on the long term.
Which is a distraction. If the company is doing everything else suggested and the VC pounds on this issue.
I would think the ideal time frame for the use of VC funds is probably about 2 years. If the company can't make productive use of the funds and return it in 2 years the timing of the funding is bad. If funding is needed for some large capital expenditure that will depreciate over decades should have existing revenue support.
I think Wall Street has created a different industry that is a business model of its own fantasy.