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Publisher / Editor @ CloudAve and Enterprise Irregulars. Industry Observer, Blogger, Startup Advisor, Program Chair @ SVASE (Silicon Valley Association of Startup Entrepreneurs). In his "prior life" spent 15 years immersed in the business of Enterprise Software, at management positions with SAP, IBM, Deloitte, KPMG and the like.

3 responses to “The World Does Not Revolve Around VCs – Entrepreneurs May Just Know a Few Things Better”

  1. Alan

    Hey Ben I totally agree that if you can avoid VC’s you should even if it takes slightly longer to bring your product to market. It took $447,000 total in friends and family money to reach our break even point and now we are operating and growing out of profits.

    We are a living example of the fact that you can grow a fast paced company without VC money. As an aside the original founders still own a very substantial piece of the company, don’t have any bureaucracy to deal with from investors, and can direct the company as we see fit.

    I’m all for VC’s when they are needed but people think they are needed more often than they are. I get to lecture at local Universities for business students and the focus on getting investment for your venture makes me sick. Students and young entrepreneurs seem to think that success is getting your idea funded when it’s WAY more than that.

  2. dcornish

    The days of venture returns for Enterprise software are over. Now it will be who can deliver more for less. This will be a classic “Innovators Dilemma.” Soon major parts of Enterprise software will be available for free.

  3. John S.

    Attended TieCon09 as well, a panel from the winners and nominees of the Ticon50 companies would have been more relevant to the audience.
    EIR’s or VC’s who have built their own companies are my other preference.