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Cloud computing makes bootstrapping cheaper too. I don't understand the rush to get funding, unless you see it as a mark of status and a temporary means to a li
by jackcosgrove 10y ago
Cloud computing makes bootstrapping cheaper too. I don't understand the rush to get funding, unless you see it as a mark of status and a temporary means to a lifestyle.
Many people want to work in startups for the wrong reasons. A desire for social cachet or the lure of quick riches are bad reasons to work for startups. You can make more money for less work working at an established corporation. And who cares about what twentysomethings think of you.
Good reasons for working in startups include wanting to build, rather than maintain, products, learning faster, gaining experience faster, working on the cutting edge, and dealing with less bureaucracy. There is also a contrarian or rebellious streak in some startups that can suit certain people.
That said, all these good things can be had, and had more of, in a bootstrapped company rather than a funded company.