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Why the Founder of ButcherBox Refused to Raise a Single Dollar of Venture Capital

17 0
03.08.2026

Why the Founder of ButcherBox Refused to Raise a Single Dollar of Venture Capital

Mike Salguero learned the hard way what venture money can do to a founder. Then he built a $600 million company without it.

Mike Salguero, founder of ButcherBox.

“I lost my integrity.” 

That’s Mike Salguero describing what it felt like to run his first startup under the thumb of its investors. When he built his next one, ButcherBox, he refused to take a dollar of outside money. He’s now expecting more than $600 million in revenue this........

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