I applaud the non-VC path. If you can do it without a VC, why would you go down that path? Also, the notion of "venture capital" is a very American concept - yes, there are VC's in UK and other parts of the world, but it's nascent compared to the United States and maybe even limited to just the major metropolitan cities (Silicon Valley, New York, Los Angeles, etc). I doubt the time to market timeframe is conducive to raising a venture round for KNC. Then the trolls will start talking about how late to the game they are...
Nonsense, I have an IT company in the building that I am in, who got $40mill VC from Amsterdam and are doing great. Israel is also one of the VC IT hubs of the world.
http://en.wikipedia.org/wiki/Venture_capital_in_IsraelMost people don't know how to find and access VC offers, there is a lot of misinformation about.
+1. They also have the option of getting funding through regular bitcoin investors through an IPO on one of the exchanges. I for one would greatly value the ability to invest in KnC.