Why I Stopped Chasing Venture Capital (And What I Do Instead)
Six months into building my AI product, I had a pitch deck, a list of 50 VCs, and a dream of raising a seed round.
Today I'm glad none of them replied.
The VC Trap Nobody Talks About
When you raise money, you're not getting a partner. You're getting a boss. A boss who expects 10x returns and doesn't care if you burn out achieving them.
The moment you take VC money, your incentives shift. You're no longer building the best product — you're building for the next funding round. Every decision filters through "will this impress investors?" instead of "will this help users?"
What I Do Instead
1. Revenue From Day One
My product isn't free. Hasn't been since month 3. Mini Genie is £5/month. That's not much per user, but it forces every decision to be customer-centric.
When your revenue comes from users (not investors), you build what users want. Revolutionary concept, apparently.
2. Bootstrap Ruthlessly
Every tool I use is free tier. Every process is automated. I built AI agents that handle marketing, engagement, and analytics while I sleep. Total monthly cost: basically zero.
3. Grow Slowly, Grow Profitably
VC-funded competitors can afford to lose money on every customer. I can't. So I focus on customers who actually pay, actually use the product, and actually tell others about it.
Slower? Yes. Sustainable? Absolutely.
4. Keep 100% Equity
When (not if) this works, I don't owe anyone a penny. No board meetings. No quarterly reviews. No "we need to talk about your burn rate" calls.
The Numbers That Matter
VC world: MRR growth, burn rate, runway, TAM.
Bootstrap world: Am I profitable? Are users happy? Can I sustain this?
Different games. Different scorecards. I know which one lets me sleep at night.
To Founders Considering VC
Ask yourself: do you need the money, or do you need the validation? Because those are very different things. And one of them you can give yourself for free.