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Joe Blau 🎩
@joeblau
If you can launch a token and raise $5m, why would you take on venture capital?
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Ben
@benersing
Because dealing with 10,000 highly opinionated internet anons who want you to pump their bags is a surefire way to destroy a business.
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Joe Blau 🎩
@joeblau
What is the raise is not for equity or governance, but just a service to have access to the product?
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Ben
@benersing
If it’s a mature business with PMF and the funding will be used to fuel growth, sure. The alternative in that case isn’t VC though.
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Joe Blau 🎩
@joeblau
What would the alternative be in that case then?
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