Entrepreneurs are from Mars, VCs are from Venus

Fun piece (in PDF format) by Joel Spolsky about why you may think you need venture capital, but you don’t. Yes, he creates something of a straw man that he then beats mercilessly, but it is fun to watch — and he does make some fair points about the differing goals of VCs and entrepreneurial CEOs (from timing, to risk preferences, to the desired return). As Joel says, those differences lead to tears more often than either side might like.

Now, does the preceding mean that software companies (the perspective from which Spolsky writes) never need venture capital? No, and I don’t think Spolsky would argue as much, but far be it from me to get in the way of a good rant.

Related posts:

  1. Who needs venture money?
  2. Pining for the Glory Days of Venture Capital
  3. Davos and the Mars Rover
  4. Best VC Blogs
  5. Barron’s Tips Red Herring as VC Revival

Comments

  1. Entrepreneurs are from Mars, VCs are from Venus

    Infectious Greed: “Fun piece (in PDF format) by Joel Spolsky about why you may think you need venture capital, but you don’t. Yes, he creates something of a straw man that he then beats mercilessly, but it is fun to…

  2. Entrepreneurs are from Mars, VCs are from Venus

    Good rant from Joel Spolsky on why you think you need money from a VC but you really don’t. Hmmm… Actually, does have some good thoughts about how you should think of your start up and what you should watch…

  3. Liars, cheats, quacks, spies and other noble professions

    What do you do for a living? How do you feel about it? Well, if you’re a business person and you’ve been reading the blogsphere lately you might begin to wonder. First, it’s bad enough that all the job titles…