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Is it a bad idea for a start-up to take venture capital money?

Stashed in: Steve Jobs, Venture Capital!, YCombinator, @paulg

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Bad is such a relative term. :)

So... only take enough to keep you hungry.

Yes. As Steve Jobs said: Stay hungry, stay foolish.

Or as Paul Graham notes here, to fuel growth and best competitors maybe it's a necessary evil.

Venture capital is still the best known way to keep up with a product or service that is growing exponentially.

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