Venture capital and VC-backed startups are some of the most popular archetypes of entrepreneurship. Unicorns, which we usually only hear about if they are investor-backed, dominate the news. 20-year olds raising 20 million dollars in the Bay Area for a tech company are a sexy story, and get a lot of airtime in news about entrepreneurship regardless of how prevalent they are.
Between TechCrunch and the TV show Silicon Valley – awesome as both those are – it’d be easy to think entrepreneurship, especially growth entrepreneurship, is all about venture capital.