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How 1000founders model is better then VC model?

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posted Aug 24, 2018 by anonymous

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1 Answer

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Thanks very much for the question.

The VC model is well understood by most people. They do go after big wins, i.e. one startup should return the fund size in 7-10 years. The rest of the startups might not grow at this scale or speed. Also, if you look at the structure of the Fortune 500 companies, around 23-27% were VC funded, the rest funded by Customers.

What if a platform helps more founders choose their destiny, i.e. Need not go for growth at the cost of profitability, rather choose to become profitable first and then grow.

so the main goal of 1000Founders is to help more founders become successful and choose their own destiny.

answer Aug 25, 2018 by Praveen Singh