Having seen the inside of both venture funded and bootstrapped companies from the very early days, I have a lot to recommend bootstrapped. We raised money only

Having seen the inside of both venture funded and bootstrapped companies from the very early days, I have a lot to recommend bootstrapped. We raised money only much later for expansion once product, market, and revenues were certain and we needed to pour kerosine on that fire. For one thing, bootstrapping forces you to be ultra-lean, there is no money (or people, or time) for flights of fancy or to develop any of the other pathologies of richly funded competitors. You’ve no option but to “keep it real” and that really forces clear thinking.