Marketing School | Digital Marketing | Online Marketing

In episode #693, Eric and Neil discuss the pros and cons of raising venture capital. Tune in to hear why the juice may not be worth the squeeze. TIME-STAMPED SHOW NOTES: [00:27] Today’s Topic: Should You Raise Venture Capital [00:40] Neil still raises venture capital. [00:50] If your idea is huge and you’re trying to swing for the fences, it is hard to do without raising venture capital. [01:18] It depends on what you’re trying to do with your business. [01:40] Rand Fishkin got so diluted while running Moz, that it ended up hurting him in the long run. [01:55] He could have sold the business for a profit, but did not take advantage of this opportunity. [02:20] His VC’s dissuaded him from taking what would have been a great deal. [02:35] VC’s can often steer you away from a clear vision, because they have their own desires. [03:25] Instead of trying to take money to make life easier up front. Think about the long term consequences. [03:50] You could end up in a fundraising cycle. [04:15] Build an