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by an4rchy 2621 days ago
Do you have a goal/direction in mind for the end state of the company? (Acquisition, IPO, Lifestyle business etc)

It's totally fine if you don't but I would work on figuring that out with the team, so that incentives are aligned, before making a decision on fundraising.

Also, I've noticed that there's alternative sources of funding for bootstrappers, that seem to be less demanding in terms of equity/growth/returns that might be more appealing.

As in, if you want to hold on to more equity or grow at your own pace.

A great article that was posted on HN: https://medium.com/swlh/alternative-funding-calculus-a-quant...