100% VC Free
Buybak has purposefully not sought Venture Capital funding. The reason for this is multi-fold... 1) starting up an online venture today is the least expensive as it ever has been, 2) VC funding requires demands VC size returns within a fairly limited timeframe and 3) many VCs don't understand the opportunity unless its validated by other VCs point in note: how many news aggregators, online photo/video sites, Web 2.0, widget makers, etc. have been or even need to be funded?
Since Buybak (and its management) have been solely focused on pioneering online buyback for the past 6 years it didn't have to meet the outsized expectations of Venture Capital. It's been able to grow and develop organically while managing costs and expectations to its stakeholders its staff, clients and consumers. For these reasons Buybak and its management are unlikely to face the challenges of funded today gone tomorrow! that majority of funded companies experience and thus leave its staff, clients and consumers with a less than certain future.
We welcome your comments and thoughts!
Sincerely,
Team Buybak
Next Steps
- Qualify for a Free Site
- Review/Sign Agreement
- Launch site and start buying back online!
Announcements
Buybak selected as finalist in the Mashable Startup Showdown
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