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by spyckie2
2193 days ago
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I think its pretty attractive if it reduces risk on the founder but gives the founder freedom to do whatever they want with the company at whatever time frame. After experiencing it myself, I think that the push to grow big is a very big deterrent for me to take on VC money. The lifestyle is just not worth it. Bootstrapping a company from the ground up works if you have the necessary skills and idea, but some ideas need access to capital, especially if they are operationally intensive. So I could see this model being pretty attractive in those situations. |
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