3 ms·
Cost of starting have reduced... so bootstrapping them and ignoring the VC landscape is easier. Right, but people aren't just going out and executing and scali
by AndrewKemendo 5y ago
Cost of starting have reduced... so bootstrapping them and ignoring the VC landscape is easier.
Right, but people aren't just going out and executing and scaling without funding - which is what they should be doing.
Instead they want VC to fund their experiments, which IMO is bad for the market.
- di4na 5y agoWell tbh we would love to have a less costly capital that would be more interested in profits than in dumb growth. But it does not exist. Also it is not about scaling. It is about security and good bets. I can be paid 150k to 200k for a FTE job. Why take the risk and reduce my income by bootstrapping. Investor money allows that to happen. I sell an option on future gain for today cash. Basic investment. The fact that noone wants it tells us the problem is a lack of a financial product.