Raising big piles of venture capital doesn’t always guarantee success. In fact, it often puts more pressure on entrepreneurs to produce eye-popping returns for their investors. A much more desirable path is to raise a small amount of capital or no capital at all — and then produce a huge return. That keeps more of the ownership (and control) in the hands of the founding team. Here’s a look at 25 of the most capital-efficient companies over the past five years.
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To read the original article: These 25 companies obtained huge exits without raising much venture capital - GeekWire
