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💰Bootstrapped Startups Vs Funded Ventures, What's your preference? Why?
As a founder, how should you decide how to fund your start up and think about bootstrapping vs. venture capital? Each comes with advantages and limitations. Do let us know your thoughts in comments and which will you prefer the most with justification.
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Sakshi Shinde
I guess, as a founder you know the best when you have to raise the funds. One should look to raise funds when they feel like. It's no more like it is a steroidal boost, if you have a small team and many things needs to be done, raise the funds.
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@sakshi_shinde1 I agree, I think people should seek to raise funding when you feel that capital is the reason the company is not growing as much
Bootstrap and raise from your users as much as possible because that shows you're adding genuine value and the users are interested to pay to keep using your solution. VCs when you want to scale/penetrate new markets/explore RnD to tie up with your existing solution.
Bootstrap. I'm on my second startup and i've always had a better outcome bootstraping.