Chad, Sometimes (well, okay, almost always) I just don't feel like citing all possible caveats to what I'm saying. I'm not writing here with visions of possible literary grandeur, potential book deals, or speaking engagements. I call shit like I see it. Sometimes I'm right, sometimes I'm wrong. It's just my opinion. Don't take what I say as gospel.
Yes, there are ethical investors too. But, when the entrepeneur's ethics clash with the investor's ethics, or lack thereof, guess who is going to win. It does not require board level action or majority vote to put pressure on an entrepreneur. Simple verbal threats regarding current and future investments often suffice. On Apr 10, 6:13 pm, Chad Etzel <[email protected]> wrote: > On Sat, Apr 10, 2010 at 1:21 PM, Dewald Pretorius <[email protected]> wrote: > > If you're an entrpreneur with strong ethical standards, then never > > ever accept investment capital. > > You cannot be serious. > > Believe it or not there are ethical investors out there. Also, > bootstrapping a company that goes huge is almost impossible, > especially for the younger entrepreneurial crowd that can afford the > time and lifestyle that it would entail but probably does not have > tons of cash in the bank. Can you please site such a company that > received zero outside investment dollars? > > -Chad
