One could very well argue that this success would not have been possible with VC money. They would never have this business model of $20/artist/year because VCs want loads of profits. And they would have >100 employees instead of three, because, well, aggressive scaling.
It might boil down to your definition of success I guess. Having taken VC money might have maximized their profit but at the cost of their top USP (very affordable service). Also they probably would not be loved as much by their customers and not doing as much of a good deed to the artists as they are now.
It might boil down to your definition of success I guess. Having taken VC money might have maximized their profit but at the cost of their top USP (very affordable service). Also they probably would not be loved as much by their customers and not doing as much of a good deed to the artists as they are now.