Seth’s Blog: Getting funded is not the same as succeeding
The goal isn’t to get money from a VC, just as the goal isn’t to get into Harvard. Those are stepping stones, filters that some successful people have made their way through.
If you alter your plans and your approach and your vision in order to grab that imprimatur, understand that it might get in the way of the real point of the exercise, which is to build an organization that makes a difference.
I don’t care so much how much money you raised, or who you raised it from. I care a lot about who your customers are and why (or if) they’re happy.
Groupthink is almost always a sign of trouble, and it’s particularly dangerous when it revolves around what gets funded, and why.