Advice From Founders Who Bootstrapped Their Way to Success

It makes sense to only go looking for VC funds after you have something going, technically and showing some profit.

I have a friend who has had a pretty good business idea for a long time, but all he does is plan, plan, and some more planning. He needs some do, doing, and done :-)

This was my favorite bit:

"Every time I drive by Sand Hill Road, I see clumps of “fresh fish”, shuffling from pitch to pitch, who equate raising VC with having a successful company. Look, this is hard; if you’re really building something of value, it’s going to be hard, and you have to be prepared to endure a lot. The finish line is liquidity for your shareholders, investors, and employees, not a VC raise."

Excellent!! I believe in building a company with my own sweat and blood. And build something that people want to use and be thrilled at its use.