Misplaced obsession with venture capital funding ‘hurting’ early start-ups

Start-up companies’ obsession with chasing venture capital funding at the expense of focusing on their customers could be jeopardising their long-term future by not setting the right foundations for success.

Some newer firms aspire to reach a misplaced benchmark of success by chasing such outside funding, according to Pubble chief executive, John Dineen.

The Cork-based co-founder of the increasingly-popular messaging platform says that while taking on venture capital (VC) funding is sensible once the business is established and has found a strong market fit, there is too great a focus on it among early-stage start-ups.