If you want to sell your web startup, don't take that much money from VCs or bootstrap the whole thing yourself. Too much money invested means that no one wants to buy your company for what your VCs require you to sell it for...especially if your business has limited prospects to begin with.
...is a weblog about the liberal arts 2.0 edited by Jason Kottke since March 1998 (archives). You can read about me and kottke.org here. If you've got questions, concerns, or interesting links, send them along.