A podcast by 37signals about the better way to work and run your business. The REWORK podcast features the co-founders of 37signals (the makers of Basecamp and HEY), Jason Fried and David Heinemeier Hansson sharing their unique perspective on business and entrepreneurship along with host Kimberly Rhodes.
https://37signals.com/podcast
episode 14: Outside Money is Plan Z
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 Notes
- 03:15 - 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)