How Are Investors Like Produce Suppliers?

Avatar Posted by ShawnHessinger under Raising Capital
From http://www.feld.com 5278 days ago
Made Hot by: Jed on June 17, 2010 5:01 pm
Are investors like produce suppliers to the restaurant that is your business? Think about this for a moment and then read the post by Venture Capital investor Brad Feld relating this interesting metaphor. I'm not sure I really agree with it completely. Though this may be because my brain keeps getting tangled around the idea that a restaurant as a business would pay for its produce. But what Brad is suggesting here is that we forget the idea of the restaurant as a business and look at it as a metaphor for your business. Just as your business can't make products or create services at a certain level without capital so a restaurant couldn't make dishes without ingredients brought by produce suppliers.





Comments


Written by ShawnHessinger
5278 days ago

Yea, well, that's the other problem with the metaphor. What kind of produce suppliers are these sometimes bringing spoiled food or just not showing up? And how does this translate to how you can expect to be treated by investors?



Written by amabaie
5278 days ago

I feel sorry for Rich Miner if he has to shop at stores whose produce suppliers are as he describes them. Oh well, maybe next week he can eat salad. This week it will be all cabbage and eggplant.



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