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She said entrepreneurs who took venture capital were either serial entrepreneurs who knew the game or "those who wanted to shoot the moon".
Graham O'Keeffe, a partner at Atlas Venture, which specialises in the technology sector, says this would change if pension funds (including public-sector ones) took venture capital more seriously as an investment.What is needed above all, agree many in Silicon Roundabout, is simply more success stories.
Hardly ten percent of the serial entrepreneurs took venture money in their first startups.
In their subsequent launches, the proportion who took venture money went up to a quarter.
When Automattic founder Matt Mullenweg took venture money from True Ventures in 2005 and others he was just 21 years old.
He referred to companies like Louis Vuitton and Ikea as counter-examples, and pointed out that most of these companies never took venture capital to grow.
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In other words, the rights negotiated by entrepreneurs when taking venture capital money really matter.
When you take venture capital money, you grow on the investors' terms, come what may.
"We're just saying you can take venture capital out of Silicon Valley".
If you have taken venture capital money and your investors want a change, they are likely to get it.
A founder who takes venture capital gets the opportunity to grow but also risks losing control of the company.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com