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I disagree with this view completely. Companies like MailChimp and Atlassian are great examples of bootstrapped companies that became very successful. There ar
by arielm 8y ago
I disagree with this view completely.
Companies like MailChimp and Atlassian are great examples of bootstrapped companies that became very successful. There are more.
Money is great to have at any stage of a company, and bootstrapped companies prefer to trade stability and time for the freedom of not having money (and those who only focus on it) control decisions.
You can build a great company with and without investment, but you can fail with either just as well.
- Swizec 8y agoAnd with VCs you have someone breathing down your neck to either grow fast or die fast. With bootstrap, you don’t have that pressure (and instead have the fuck we don’t have money to fund faster growth problem)