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Better yet from both an ethical and efficiency perspective is to simply not raise money at all. I bootstrapped completely and am far healthier and happier becau
by silexia 3y ago
Better yet from both an ethical and efficiency perspective is to simply not raise money at all. I bootstrapped completely and am far healthier and happier because of that choice.
- JohnFen 3y agoI've bootstrapped all of my businesses too. However, that isn't a viable path for every business plan. If you need a lot of money to even begin, if you want to maximize return very quickly and exit, and so forth, VC is a better way. It's all about tradeoffs, and the right tradeoff depends on the specific venture. I do, however, think that a lot of people starting companies seek VC funding when it's not appropriate for their venture, just because they perceive that to be the only, or best, way.