At my BizDev class at INSEAD this week I got the option of whether one would raise money from VCs or not.
my take:
1) if your business requires financing for CAPEX or workinc capital, and you don't have the financial solidity to back it on your own, either reconsider your business assumptions, or indeed go and look for outside money.
2) should you get money from VCs or somewhere else ? There's a good analysis here by Marc, founder of Netscape. It's not definite but sheds some light into the process.
