If you have a high margin, recurring revenue SaaS business doing $1-2MM and are looking for growth capital, you do not need to dilute your equity with VCs expec

If you have a high margin, recurring revenue SaaS business doing $1-2MM and are looking for growth capital, you do not need to dilute your equity with VCs expecting an exit on their terms (not always yours)- you need bank debt. One of the perks of bootstrapping is once you get to profitability and have a business built on good fundamentals (versus vanity metrics/eyeballs/"scale") you can walk into a bank and obtain lines of credit or debt finance to help you add those customer service folks or incremental sales help in other territories or whatever overhead you need to take on for the next stage of growth. The reason for all the VC hoopla in the first place is the overwhelming risk associated with your pre-revenue, pre-profitability business- traditional commercial bank financing is vastly superior if you can get it on decent terms, which you should be able to if you've bootstrapped your way to $2MM