Bootstrapped vs VC-funded? Option A please! Here's why I'm not crazy - another person (who is actually smart) has the same idea! - Deepstash

Bootstrapped vs VC-funded? Option A please! Here's why I'm not crazy - another person (who is actually smart) has the same idea!

As someone who has helped lead a successful funding round for a VC-backed startup, I have a pretty good idea of what it takes to get a venture capital firm to buy into your vision and cut you a check.

Yet for my current project, Epilocal , I decided that I didn’t even want to go down that path. In fact, I ruled out VC funding from the moment I started.

This is not to say that I have anything against venture capital. I think that VC funds fill a necessary role, but that role is very specific. VCs exist to find and fund the businesses that need capital in order to compete in a huge market.

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smorgendorff

🙋🏻‍♀️ owner, bayareafirstaid.mykajabi.com 🐈‍⬛ catmomma 💤 probably sleeping 🏆 (participation) trophy wife ☕️ in lieu of awkward conversations ⬇️

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