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If you can bootstrap, why raise unless you have a major barrier to achieve success?
by nickstinemates 11y ago
If you can bootstrap, why raise unless you have a major barrier to achieve success?
- s73v3r 11y agoOne of the reasons they gave for selling was that they weren't sure they would be able to take the product to the next level on their own. It sounds like they would have had to seek funding at some point if things didn't change.
- emptybits 11y agoThe stock answers to "why raise?" reduce to 1) to achieve the same success faster, or 2) to achieve a larger scale of success, or 3) because raising money drops you into a new world of experience and learning and future networks. I'm not suggesting any of the above are superior paths to what was chosen in the article, BTW.