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by cookiecaper
3710 days ago
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Bootstrapping is often the only practical way to run a business for numerous reasons. I think anyone who's been an entrepreneur can appreciate the good a few hundred thousand would do, but finding investors and keeping control of the operation after you have them are frequently intractable problems. Taking startup investment begins to be impractical with something as simple as being older than 21 and thus, having external obligations, whether monetary or chronic. Anyone who is NOT your typical college kid willing to work 90 hours per week for $25k/yr usually can't get investors to look unless the business is already running and turning profit. One day, it's my hope to open investment opportunities to the mature professionals that are capable of building our next generation of transformative software but are almost always overlooked merely because they've been doing something more prudent with their lives than pulling the lever on the startup slot machine. |
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