056 - Be Your Own Investor
Many founders believe that bringing on an investor is a great idea. They see it as a “seal of approval” that they have a valuable business and they might also enjoy the security of a salary or making money from offloading a few shares.
Bringing on a VC or Private Equity investor can of course be justified when the company needs to scale quickly to preempt the competition from catching up with the idea, or when there is only profitable room for a single player in a niche.
On the other hand too