VC Funding is Worthless Without a Plan
For founders, taking funding is about more than adding working capital — it acts as a catalyst for things to come. It provides a third-party validation that attracts the interest of media, customers, and potential executives you want to hire.
Before taking funding, however, you have to know if you’re ready to light that fire. As explained by Aaron Skonnard, CEO of Pluralsight, it’s often best to wait until you have figured out our product, revenue model, and have customers before accepting outside financing.
Read the original article written by Aaron Skonnard, Pluralsight: VentureBeat Article
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Aaron Skonnard is CEO of Pluralsight, which provides online training for serious technology professionals. Through Aaron’s leadership, Pluralsight launched in 2004 with in-person seminars, but made the transition to an online training provider in 2008. In 2013, Aaron led the company through a round of Series A funding and three acquisitions that added IT admin and open source training to its library, which now includes 1,400+ courses. Aaron has published hundreds of articles and several books. He frequently speaks at industry events and recently won the Ernst & Young Entrepreneur of the Year Award for the Utah Region. http://www.pluralsight.com/