My answer to this is if you have to ask if you need the money you need the money. Why? Because you are entirely discounting the benefit of having an experienced

My answer to this is if you have to ask if you need the money you need the money. Why? Because you are entirely discounting the benefit of having an experienced VC and firm and what they can give you. Sure you can take time and DIY the process and people have done that. But in the end it might make more sense to have someone to lean on and to give up part of the business for that value. And how would anyone's in particular guidance (here) apply anyway? What they are doing is most likely not what your are doing or whatever luck they had or didn't have is not what will happen with you. > We have been approached already with VC offers, but I am just so hesitant to let someone else in. Sometimes (read: lots and lots and lots of times) something that started as a noble pursuit ends up being corrupted by all of the cooks in the kitchen. A great big 'it depends'. One thing is for sure in a battle between a well funded company that can afford to experiment and have losses and one that can't (because it's bootstrapped) the well funded company has a super big edge. You know as they say 'all else equal'. > we do not really need the money or investments as we have some earnings keeping us afloat Well there you go 'keeping us afloat'. Would you like to not have at least that to worry about? (My perspective. Back in the day 'pre internet' what I did worked but was not the type of idea that investors would fund. As a result attention had to be paid to every cent spent and every single decision had to be dead on. Was a profitable situation and I sold it. But no doubt having capital and even giving up control would have made things better (but was not possible for a host of reasons). Also today I do various work for startups and I can see the flexibility they have because they can afford to (and this is super important) make mistakes. That is a very very very big advantage that you can't easily do when self funded.