Bootstrapped vs. Venture-Backed: Which Path is Right?
Skills:
Startup Basics80%
Key Takeaways
Sunil Rajaraman discusses bootstrapping versus venture-backed funding for startups
Full Transcript
there's no wrong path between Venture backed and bootstrapped it's just two different games that's it there's nothing I think there's this often times this uh argument that always blows up on Twitter well you know bootsstrap and you it's a better way to go you don't have to worry on about Venture money and Venture is just a a different route if you're going to be in the Venture game just be ready to you have to grow like that's and you have to grow into a big Market if you do the bootstrap game you could probably make a lot of money in a number of other businesses it it broadens the aperture what you can do but there's no right or wrong like pursue one or the other and just be honest about in the early days what your business is and I think what happens is including with me I've raised Venture before for business that maybe didn't you know warrant having a a huge Market to grow into so when you start up front just be honest with yourself about what you're building and what how big it could be and whether it warrants financing
Original Description
Sunil Rajaraman shares valuable insights for entrepreneurs on choosing between venture capital and bootstrapping.
#EntrepreneurshipAdvice #StartupLife #VentureCapital
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