Outside Money is Plan Z
b'
Taking outside money to start your business may seem like a good idea, but there are a ton of strings attached... You give up control. Cashing out becomes the #1 priority. It's addictive. It's usually a bad deal. Customers become less important than investors... You get the idea. Outside money should never be plan A.
Show Notes
- 03:15 - How WhatsApp Makes Money (Investopedia)
- 13:28 - 37signals changing name to Basecamp, shedding products (Chicago Tribune)
- 22:40 - The deal Jeff Bezos got on Basecamp (Signal v. Noise)