I have been reading HN for a while, follow 10+ blogs from VC-world and read whole bunch of books about successful startup founders and although I find corporate sponsorship great for some sectors (biotech, hi-tech hardware, some IT where founders are born programmers and not entrepreneurs) I've come to a conclusion that if I was to seek founding from either VC or Angel investor, I'd be giving away my freedom to experiment, my freedom to work in a pace and rhythm as I'd like and all the fun that would come with. That's was the whole point about being an entrepreneur, right? Doing the stuff you like / world needs and supporting yourself to a point? And who would guarantee me that investor knows more about my sector than I do?
I'm just always curious about others who seek the go the investor route. Do most of them actually get funding? If so, when? How? In most cases, I see people talk a lot about investors, but I very rarely see anyone actually get investment money. I'm skeptical that it even exists for the typical first-time entrepreneur.
If you don't charge your primary audience, if you get into some whacky convoluted business model that doesn't involve charging them, you're almost surely going to fail. You reduce it from skill and effort (create value, charge directly) to depending largely on luck.