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Some businesses lend themselves to bootstrapping, others are just straight up capital intensive. Others are somewhere in between, and venture capital just allow
by habitue 7y ago
Some businesses lend themselves to bootstrapping, others are just straight up capital intensive. Others are somewhere in between, and venture capital just allows you to "skip ahead" and find out how good the idea really is by scaling it and hiring people to polish it and make it run well instead of on a shoestring budget.