New Trends In Startup Financing Explained For Laymen
kalzumeus.com
kalzumeus.com
I'll shut up for a while now, I promise.
I think I vouch for everyone on HN when I request you to not shut up. Please keep these comments/blog posts coming. :)
About your parting words:
> I rather like getting 100% of the returns.
Do you mean that you'd rather run a smaller company at 100% than to have a larger company with outside investors or do you mean that you don't think you'd be doing significantly better if you had more money to spend to grow your business?
The first would make sense, that's a personal preference, but if it is about the return itself in an absolute sense then outside capital can (but doesn't have to be) a booster, you could come out ahead even after the fact that you no longer have 100% is factored in.
Why are they bad? Why are they good? How can they misincentivize bad behavior? The situation is complex