Thanks for writing this. From my conversations with several in the new-company/new-product space (mostly in New Delhi and Bengaluru), I know many of these points will help clear the fog.<p>That said, there are companies that exist and have been succeeding in their goals across the spectrum (i.e. the spectrum that ranges from "Only Bootstrapped" to "Only Investor's Money") - and what matters in each case are the <i>people</i> involved. Good bootstrappers / Bad Boostrappers / Prudent investors / Good investors / Emotional investors / Hellish investors - it depends on who you get and when.<p>Essentially, Point #3 in your post is gold. Thanks for articulating this.
TL;DR: 5 myths about funded companies:<p>- Funded companies are all about fake business plans<p>- Funded companies are all about overpaid teams and making losses<p>- Funded companies are all about investors sitting on your board and driving decisions<p>- Funded companies are all about more for investors and less for founders<p>- Funded companies are all about sadist, not-so-cool people