You should only raise Venture Capital if you (x) have to, or (y) it’s “cheap”.
If you need VC $$$ to survive, don’t worry about it. It is what it is. I needed VC $$$ to get both my start-ups off the ground. So — why worry?
And if VC $$$ are cheap — take the money. By cheap, I don’t just mean price. I mean you can easily generate 5–10x the revenues of each dollar you take in. That the money will be super accretive.
-Jason Lemkin, Founder @ EchoSign
Full post here.