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The wealthiest among all my investors (who are also self-made) never raised VC for their startups. All bootstrapped. Too many founders pour their life into a p
by owens99 9y ago
The wealthiest among all my investors (who are also self-made) never raised VC for their startups. All bootstrapped.
Too many founders pour their life into a project and end up making less than their investors do from the sale of their own company.
That said, if you can raise a lot for very little equity in a short time, it can be worth it.
- atupis 9y agoThere is definitely place for VC money, but only if market is untapped and late entry to market will cost billions of dollars(Facebook, Uber or that company who will create first self-driving car fleet etc).
- danieltillett 9y agoThis is the real secret of the VC industry. Bootstrapping is only harder at the beginning.