VC or bootstrapping?

Question

Which path do you choose?

Nick from FirstHR · Accepted Answer

bootstrapping always comes first, and then you need to choose what is more important - independence or growth speed.

Zoe Vivian Thornton · Answer

Started with bootstrapping for the first 2 years to keep things lean and maintain control. Now considering VC funding to accelerate growth, but want to be selective and maintain independence as much as possible. Curious what others' experiences have been taking on investors after bootstrapping initially - pros and cons?

Answer

First bootstrapping then go to VC.

Farha Putri Iskandar · Answer

vc, because VC is suitable for businesses in high-growth industries that require significant capital to scale quickly. With VC, you gain access to resources, networks, and guidance, but you must be willing to give up a portion of ownership and control to investors.

Benjamin Thomas Clark · Answer

Bootstrapping first to get things off the ground and validate the idea for sure. Once you've got some traction, VC funding can accelerate growth if that aligns with your vision. But don't lose sight of profitability and control. Ultimately depends on your goals and market.

Answer

Bootstrapping initially to prove your concept and get some traction. Then if you need to accelerate growth, consider VC funding but be prepared to give up some control. Ultimately depends on your goals - lifestyle business or hypergrowth unicorn. I bootstrapped my first startup then took VC for my second. Both paths can work.

VC or bootstrapping?

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