The Flip Side of Venture Capital

We've all heard stories of ventura capital and the companies it helped to make. Here's Paul Graham on Ventura Capital … with a link to waxy.org's ArsDigita: From Start-Up to Bust-Up. The last, in particular, is a must-read. Chilling stories, ringing true.

It's as I always say: sell any part of your company and lose control. Of course, if it's the kind of company that [i]needs[/i] a huge influx of funds, then you've got your work cut out for you.

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