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If you were bootstrapping, would you take out > $130k per year for living expenses? I believe the $130k is meant to be in addition to whatever equity the found
by jimbokun 4y ago
If you were bootstrapping, would you take out > $130k per year for living expenses?
I believe the $130k is meant to be in addition to whatever equity the founder is retaining.
- nawgz 4y ago> If you were bootstrapping, would you take out > $130k per year for living expenses? Why would you ask this question? > I believe the $130k is meant to be in addition to whatever equity the founder is retaining. Obviously. But I would control 100% of my bootstrapped business, and not be eligible to being outplayed by the VC who controls all the strings and always makes all the money in the end.