Comments on: Why Funding Shouldn’t Be Your First Step

By: MortenBlaabjerg

MortenBlaabjerg — Sat, 07 Jun 2008 01:47:01 +0000

So true. I think that if there was one thing I'd do differently looking back, it's that I would do everything a lot sooner – without waiting for anyone's approval or possible investment. On the web, there are simply lots and lots of opportunities, lots and lots to do, with very little money needed.

That said, if you're going to scale things right when the time comes you may need a significant cash boost. One thing that is more threatening than anything to me is to succeed too soon, without infrastructural capacity to handle the load. This money can help to avoid. It gets you “likviditet” as it's called in Danish, and that's a great thing if you can have it

By: CyndyA

CyndyA — Fri, 06 Jun 2008 23:03:42 +0000

Steve, you are so much nicer than I am. I would have pointed out that proofread is one word.

By: sbspalding

sbspalding — Fri, 06 Jun 2008 20:34:40 +0000

Everyone has a right to his opinion, and no one is forcing you to read.

That being said, I appreciate any opportunity to improve.

If you have any specific corrections you want to see made, I'd be happy to make them. Thanks for your passionate opinion.

By: sbspalding

sbspalding — Fri, 06 Jun 2008 20:31:32 +0000

I completely agree. I was aiming this article towards "typical web startups." These companies have the advantage of not requiring a lot of early capital to gain traction. Unfortunately, there is this tendency to believe that you absolutely require millions of dollars worth of funding before you can really get off of the ground.

In more traditional markets, and even in more saturated web markets, capital is a lot more important to either attempt to unseat current market leaders or to build up real, physical infrastructure.

Well stated as always John.

By: John

John — Fri, 06 Jun 2008 16:18:58 +0000

On the subject of external capital as opposed to author skills, I believe that you cannot make such a blanket statement without knowing the nature of the business.
Some businesses can use capital to hammer their way into markets, but others need careful growth with attention paid to the expansion as a dynamic.
Overall, though, good point – many businesses do fail because of having too much capital (and less incentive) when starting out.

By: Doug Rosbury

Doug Rosbury — Fri, 06 Jun 2008 10:47:41 +0000

Your writing sucks. Please take time to proof read and don't foist your
poor sentence structure and misspelled words on me because I see right through your carelessness to your attitude which is really the cause that sucks. —Doug Rosbury

By: sbspalding

sbspalding — Fri, 06 Jun 2008 03:33:06 +0000

That he is. Thanks so much, I must have missed it.

By: yolfer

yolfer — Fri, 06 Jun 2008 03:30:16 +0000

I think Friendly Critic is referring to these phrases:

"the only question that your asking yourself"

and

"If your willing to do more with less"

By: sbspalding

sbspalding — Fri, 06 Jun 2008 02:01:40 +0000

Check, check and double check. Thanks.

Though I think you might be wrong.

"Why Funding Shouldn’t Be You Are First Step" wouldn't make much sense in this context.

Your is used when describing something that belongs to you (second person possessive). In this case they are your (implying ownership) first steps.

Maybe I'm missing something.

By: Friendly Critic

Friendly Critic — Fri, 06 Jun 2008 01:51:58 +0000

“You're” as in, “you're not new at this, are you?” as opposed to “your” as in “your proofing skills improvement.”