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I agree with you 100%. My initial goal was to represent a perspective on the relative pros/cons to both and point out that for most companies, there is a time
by jiyannwei 13y ago
I agree with you 100%. My initial goal was to represent a perspective on the relative pros/cons to both and point out that for most companies, there is a time to consider either approach. Regardless of the ultimate direction, bootstrapping teaches you invaluable lessons that will make you a stronger entrepreneur if/when you decide to raise. Our personal experience was that after bootstrapping for a while, we encountered several obstacles based on our product vision, skill set and market that raising helped us overcome. I wouldn't suggest that this is the case for everyone: different calibrations of founders/products/verticals might have very different equations for success.