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Podcast: REWORK
Episode: Outside Money is Plan Z
Description: Taking outside money to start your business may seem like a good idea, but there are a ton of strings attached... You give up control. Cashing out becomes the #1 priority. It's addictive. It's usually a bad deal. Customers become less important than investors... You get the idea. Outside money should never be plan A.Show Notes03:15 - How WhatsApp Makes Money (Investopedia)13:28 - 37signals changing name to Basecamp, shedding products (Chicago Tribune)22:40 - The deal Jeff Bezos got on Basecamp (Signal v. Noise)