Re:Facebook establishing a venture arm to invest in startups
by gen220 on Saturday June 13, 2020 @12:47PM
(#23510716)
It’s very viable. You just need to target a niche that’s too small for VCs to care for.
You wouldn’t be able to bootstrap Uber or AirBNB, because the markets they’re selling into are huge. However, there is an abundance of <10Bn-sized markets/industries out there that a VC wouldn’t think to invest in, where bootstrapped companies with a tech focus can grow and take over.
You wouldn’t be able to bootstrap Uber or AirBNB, because the markets they’re selling into are huge. However, there is an abundance of <10Bn-sized markets/industries out there that a VC wouldn’t think to invest in, where bootstrapped companies with a tech focus can grow and take over.