Re:Ask HN: Will Bootstrapping See a Resurgence?
by codegeek on Monday October 02, 2023 @04:58PM
(#37744315)
I have never raised money (at least not so far) but as far as I have understood, investors don't care about the fact that you were able to acquire traction using miniscule capital. They care that you grew fast and there is a billion dollar market.
If your argument is that you grew slow bootstrapped but can replicate that 10x or 100x just by VC money, investors don't take that as a sign of strength or possible future success.
You can bootstrap but you need to show high traction to raise money from investors. Bootstrap or not.
If your argument is that you grew slow bootstrapped but can replicate that 10x or 100x just by VC money, investors don't take that as a sign of strength or possible future success.
You can bootstrap but you need to show high traction to raise money from investors. Bootstrap or not.