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Having bootstrapped and taken VC funding, none of the issues described in the article go away with VC funding. You will be just as overworked and just as underp
by rsweeney21 8y ago
Having bootstrapped and taken VC funding, none of the issues described in the article go away with VC funding. You will be just as overworked and just as underpaid with VC funding. What does change is you now have all those negatives plus a ticking clock.
VC funding can solve many problems, but not those.
- andyidsinga 8y agoI was thinking the same things as I was reading the article. Bootstrapping to me has never been about more or less work, focus etc - but about building the business on its own revenues with the the sole focus and interests of the business owner and customers in mind. So.. there is certainly a key element of control and motivation in a bootstrapped business vs a business with outside investors. But AFAICT, nothing fundamental about level of difficulty or quality of life.
- jjeaff 8y agoAnd don't forget the added pressure of someone else's money in the line.