I used to be a VC. Now I’ve found a better way to build a company

These days, many founders feel pressure to raise tremendous amounts of venture capital. But it wasn’t always like this. Most people are surprised to learn that four of the most valuable companies in the world barely raised any VC funding at all by today’s standards.

Apple is believed to have raised less than $1 million before its IPO. Amazon raised about $8 million. Microsoft raised about $1 million. Google raised $25 million. Add it all up, and it’s less than $35 million in total VC funding. Granted, that’s about $74 million in today’s dollars, but it’s still a relatively small investment that led to four companies that are worth around $14 trillion today. READ MORE