3 ms·
That's the difference between venture capital and bootstrapping. When you have outside investors, they will eventually want to cash out or sell their investmen
by fsk 11y ago
That's the difference between venture capital and bootstrapping.
When you have outside investors, they will eventually want to cash out or sell their investment.
If you bootstrap, you can have a business that generates a consistent $200k-$500k/year in profit, even if you can't find some larger corporation willing to buy.
They VC needs an "exit" so they can return the money to their shareholders and then raise their next fund.