I’m doing the same (small, bootstrapped SaaS, 10k MRR), previously leading tech from seed->C at a VC startup. It’s definitely okay to stay bootstrapped! Main q

I’m doing the same (small, bootstrapped SaaS, 10k MRR), previously leading tech from seed->C at a VC startup. It’s definitely okay to stay bootstrapped! Main question to ask is whether you have considered the overall potential threats to the business, and what you’re trading off against by not taking VC; and if you are comfortable with those risks and tradeoffs. There’s no universal answer, but there are better answers depending on the business / those risks. For example if your business is at increasing risk of a better-funded competitor eating your lunch, a bigger war chest might be prudent. Keep in mind that there are a substantial set of skills you will need to develop, and responsibilities you will need to make time for, when taking VC investment. Not necessarily a negative, and for me it was desirable. Fundraising, managing investors (eg updating the board quarterly), hiring faster, and scaling the product faster. I’m hand waving here, but as you’ve guessed it’s likely not just take money and keep on operating exactly the same way. Big checks will come with certain expectations, and meeting them can dramatically change the culture and lifestyle you’re trying to achieve. Lastly, there are ~boutique VC firms out there that specialize in smaller SaaS with good trajectory. The VC that is knocking may be the wrong match for your goals, but it’s OK to shop around a little. Quick thoughts but feel free to find/dm me if you’d like any addl advice or anecdata. And, congrats!