Re:A Fundraising Survival Guide
by richardw on Saturday August 09, 2008 @03:59PM
(#271908)
I like bootstrapping. I think it teaches you to run a business that will bring in revenue and profit, because it's your money. I think it allows you the option of scaling up, or down, as you feel is appropriate. There's much less of a "burn rate". There are fewer surprises when things take longer than you thought they would - that can give you a second chance when V1 sucks too badly.
But yeah, I'd take money if I needed to - when the only thing between me and success is ability to grow.
But yeah, I'd take money if I needed to - when the only thing between me and success is ability to grow.