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What is with this bias against bootstrapped startups? "We will be selecting from companies who: Have raised Seed or Series A funding from a VC or established
by niggler 14y ago
What is with this bias against bootstrapped startups?
"We will be selecting from companies who:
Have raised Seed or Series A funding from a VC or established Angel Investors"
- wmf 14y agoIt's probably harder to verify whether a bootstrapped startup is "legit".
- nodesocket 14y agoThey are giving out of a serious amount of hardware, an angel or VC investment shows a sign of commitment. Now, I am not saying there aren't very successful and committed bootstrap startups, its just that Meraki needs a metric to filter companies.
- casca 14y ago<speculation> This is a cost to them so they want to increase the likelihood that the startup will do something useful that will feed back into future revenue. There are not a lot of indicators that have reasonable validity and are easy to assess, so they've picked something where others have done some heavy lifting. </speculation>
- ew 14y agoMy cat has a bootstrapped startup, maybe she can get some free stuff?
- niggler 14y agoGithub wouldn't have qualified: http://37signals.com/svn/posts/2486-bootstrapped-profitable-proud-g http://37signals.com/svn/posts/2486-bootstrapped-profitable-...