In today’s startup landscape, raising venture capital is often treated as a milestone — proof that a company is gaining traction. But after building and exiting multiple ventures, I’ve come to see things differently.

While, depending on the industry, VC funding can unlock important resources and mentorship, it’s not the only path to success, and often not the most sustainable one. My thoughts here should not be interpreted as a disparagement of venture capitalists or financial investors — I have close personal relationships with individuals who operate successful VC firms. Rather, I’d like to present another alternative capital strategy for founders. READ MORE