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1. ushako+(OP)[view] [source] 2022-06-02 20:09:14
> It’s hard to find discussions about the real downsides of using VC money

maybe because this is a forum, that belongs to the most prominent VC in the world?

> For instance, what happens when growth fails? Do you lose ownership of the business?

nothing, besides losing trust in your business’s ability to succeed, therefor not putting any more money in it

consider this: VCs are typically in hundred-million ranges, $500k for them is a rounding error, they only care about those companies that can show the promised growth

> What happens if you want to do something extremely risky?

that’d be actually great

more risk = more reward

> My project is a game

a thing about which no VC in the world cares

unless you promise it will become a “Metaverse”

> I can’t imagine that would receive creative encouragement

that’s not what you need a VC for, you need a VC for two things only: their money, their connections/status

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