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Ain't broke don't fix! Both bootstrapping and VC/funding model work fine they just each embrace different business models. Bootstrappers mostly focus on revenu
by adrianmn 14y ago
Ain't broke don't fix!
Both bootstrapping and VC/funding model work fine they just each embrace different business models. Bootstrappers mostly focus on revenue from day 1 while the others are more focused on rapid growth and exit potential.
There is nothing wrong with any of them and the world is a better place by having different models as each offers unique innovation opportunities.
- danmaz74 14y agoWhat is "wrong" (or at least suboptimal) is when good bootstrapped products get killed by money-heavy venture capital backed ones that fizzle out when they finish their money. That is pretty frustrating.
- njx 14y agowhat is wrong is bootstrapped companies don't get exposed in media (techcrunch etc) and every VC funded company is guaranteed the exposure. Exposure creates mindshare and mindshare leads to pocketshare. The bootstrapper eventually suffers because whether the VC funded company makes money or not, the opportunity for exposure is very limited. On the other hand bootstrappers need to be more creative and keep pushing the limits.