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Bootstrapped companies are at a huge disadvantage vs. funded companies. Funded companies can afford deeper longer-sighted investments and kamikaze growth-at-all
by api 11y ago
Bootstrapped companies are at a huge disadvantage vs. funded companies. Funded companies can afford deeper longer-sighted investments and kamikaze growth-at-all-costs free/freemium strategies that bootstrappers cannot.
The only huge growth companies to emerge as startups that I can think of that started with a paid product were companies with an unavoidable physical dimension like Uber and AirBnB.