Slow Ride
The more VC, the less control. Why not take it easy?
By Cynthia E. Griffin •
Opinions expressed by Entrepreneur contributors are their own.
Here's the scenario: You get a great idea for a Web site,get it up and running, then go looking for venture backing.Investors like it and decide to opt in. They plunk down a cool $20million and you ride off into the sunset temporarily flush.
Sounds like a script any self-respecting dotcom would follow,right? Not if you're Cofix Inc., a Web site that matches smalland midsized firms with technical-service providers and helpsentrepreneurs keep track of their service needs via theInternet.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve