Bitcoin Forum

Bitcoin => Press => Topic started by: BTCBinary on October 16, 2016, 07:02:33 PM

Title: [2016-10-16]Running A Successful Bitcoin Company Doesn't Necessarily Require VCs
Post by: BTCBinary on October 16, 2016, 07:02:33 PM
Running A Successful Bitcoin Company Does Not Necessarily Require VCs

The Bitcoin and blockchain sector heavily relies on investments from VCs. But as it turns out, the venture capital approach can cause quite a few issues for companies as well. There is a right and wrong approach to dealing with VC funding when push comes to shove. Enterprises taking the wrong approach will find themselves at a significant disadvantage.

In the end, it all boils down to whether or not the entrepreneurs in question can be efficient at their job. Itís hard to grasp the concept of efficient entrepreneurship, and securing funding plays a key role in the process. That said, it is not the only driving factor by any means...