Oftentimes, entrepreneurs think the success of their company depends on their ability to catch the ear of investors and raise capital. But the truth is, pitching your company to venture capital and private equity firms is about as effective as buying lottery tickets.
With a continuously growing population of start-ups to invest in, VC and PE firms have become increasingly selective in deciding which companies are worth their time and money.
It’s not enough to be another founder with a great idea. What will separate your company from others is the quality of your product–not the money you have backing you.
To read the original article: 3 Reasons Entrepreneurs Shouldn't Focus on Venture Capital - Forbes
