[nojvek]

I believe apart from being in Silicon Valley, raising capital in other parts of the world is significantly much much harder.

In SV, you can go “I’ll worry about funding problem later, if I have good growth and retention, raising money will be a breeze and I’m fairly confident of it as there are tons of VCs in this economy blowing cash”

In other parts of the world: “It could mean the death of my company if I can’t raise money and using up the little I have. Bootstrapping and being profitable is a much more saner route”