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Could you share why bootstrapping this business is attractive? I’ve bootstrapped many companies, but I did so because the situation seemed to warrant it (capit
by troydavis 7y ago
Could you share why bootstrapping this business is attractive?
I’ve bootstrapped many companies, but I did so because the situation seemed to warrant it (capital requirements, perceived market size, achievable short-term revenue, etc.).
If you’re absolutely dead-set on both space and bootstrapping, I’d start by consulting in that field. Get paid while you spot a problem and build a team to moonlight on it.
- markovian 7y agoBy "bootstrap" I mean a way of self-financing part of the activities, finding a source of income quickly rather than relying solely on fundraising. Raising money is not a problem, but I don't see myself getting involved in creating a business that requires billions and billions of dollars in financing before generating a single cent.
- greglindahl 7y agoThere are quite a few examples of space companies that meet that definition, have you looked at them?
- malux85 7y agoIt would be helpful if you named them