Great article by Dileep Rao: "The most crucial step you can take to build your unicorn ...is to make sure you control it"
VC, PE & External Funding
Dec 1, 2024
"A vast entrepreneurial ecosystem is dedicated to the proposition that venture growth needs venture capital (VC). This may be the most wasteful idea in venture development – wasting both financial capital and human potential." Check the article here
Great article by Dileep Rao, Ph.D.
Former VC and financier, Dileep has since researched 100+ unicorns
"Among 85 billion-dollar entrepreneurs, who started and built billion-dollar companies, only 6% succeeded by getting early VC"
"[High proporiton] ceded control to a CEO hired by VCs"
"94% stayed in control of their ventures – by using skills and finance-smart strategies to delay VC or avoid it."
