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Financial Stability of a Bootstrapper

http://www.atalasoft.com/cs/blogs/billbither/archive/2007/08/11/financial-stability-of-a-bootstrapper.aspx

by nreece • 19 years ago

1 2 19 years ago

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2

BitGeek• 19 years ago

Venture capital is betting your company on one idea and bringing aboard a bunch of people who understand neither management, business nor engineering to interfere with your company.

Bootstrapping is finding the avenue to success wherever it leads-- without the "insights" of incompetent outsiders.

Venture Capital is always a bad idea- unless you're building a factory, or medical devices.

Angels, on the other hand, can be ok, as can friends and family and small seed stages like YC.

But VC is the more risky approach.

mrtron• 19 years ago

VC pressure also tends to dictate the decisions your company makes - and this is where I see a lot of problems.

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