Why the VC focused market is a thin slice

I've always held that VCs represent a narrow slice of all entrepreneurial activity, and there's dozens of ways to "go start your own thing" without being too hung up only on VC funding.

While deciding what you want to do, if you think without the VC funding constraint, you can think in terms of the natural way your particular idea or business should grow in. Not every business needs or can have 10x returns, or a global footprint. There are a huge number of ultra local, ultra satisfying yet profitable ventures possible that may not appeal to Venture Capital.

Of course, if it so happens that your idea seems a good fit for VC funding, use that for sure! They bring in lots of validation, and often visibility and help to the table. However, "landing VC funding" cannot be a goal for your venture.

To start thinking outside the box, get rid of this mother-of-all-boxes first :)

Edit: I typ(o)ed "Think" instead ot "Thin" in the Title - and thats a totally different discussion too :)

No comments: