Something just felt right when I read, "The best possible way to finance your business is from free cash flow. If you can meet your capital needs without selling equity or without taking on personal debt, do it. It's that simple." Clif Bar, Patagonia and Ben & Jerry's come to mind. Not tech, I know, but it's really cool when a young company can maintain it's mojo, it's buzz, far longer than most people could even dream of. If equity is sold, you're answerable to someone, and you lose control over keeping it's mojo. Whatever it takes to do work you love, with people you love, I'm for always.