[carlsborg]

Depends how much capital you have, and how profitable you are early on.

For most, its a harder path without. Growing fast with organic income leaves little room for risks (strategic/operational/extrinsic) and competitors with capital can outspend you.

Delivering a world beating service/product on a shoestring budget while spending on growth is even harder. Kudos to those that did this (Browserstack, Atlassian etc).