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I'm all for bootstrapping and avoiding VC, but I get annoyed with these proclamations that make all businesses sound the same. (I suspect it is the writing at f
by mcculley 13y ago
I'm all for bootstrapping and avoiding VC, but I get annoyed with these proclamations that make all businesses sound the same. (I suspect it is the writing at fault here as Mr. Dangermond probably doesn't think about business so simply. Maybe he just means software businesses when he refers to "young entrepreneurs".)
There are plenty of business models that aren't viable without lots of capital early on. Tesla and SpaceX are good examples of companies that could not be bootstrapped as they need lots of capital to actually build things and to build the factories that build those things.