4 ms·
Interesting, I didn't know that difference between bootstrapped and self-funded. I figured there was a degree of self-funding involved in the early stage of mo
by lux 18y ago
Interesting, I didn't know that difference between bootstrapped and self-funded. I figured there was a degree of self-funding involved in the early stage of most companies and that you were "bootstrapped" until you were funded or an established business and hence not a "startup" any more...
I guess we would be considered bootstrapped then :)
- cperciva 18y agoGiven that "bootstrapping" refers to the (physically impossible) process of lifting oneself into the air by pulling on one's boot-straps, I think it has to be restricted to the concept of growing a company using the company's own revenues.
- ph0rque 18y agoIn the real world, if you try to pull yourself up by the bootstraps, you fall flat on your face (try it if you don't believe me).