Why raising venture capital may not be smart for your business

Think you need a lot of VC funding to have a successful startup? According to ShareFile founder Jesse Lipson, you may want to think again.

In his latest article on Forbes.com he writes, “If you read business news headlines, you probably think that it takes millions of dollars from a high-profile VC fund to get a business off the ground. But companies like Facebook, Twitter and Uber are outliers, not benchmarks that the average entrepreneur should follow.”

In fact, less than 2 percent of small businesses receive venture funding, so counting on it can set your business up for failure. Read Lipson’s latest article on Forbes.com to learn other reasons why you shouldn’t try to raise venture capital for your business.