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by barry-cotter
2144 days ago
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> Wouldn't a smart competitor wait to see what's working from a bootstrapped pioneer then pass them by with tons of VC cash as rocket fuel? This is presuming they can, which is not clear. If you’re bootstrapped you’ve either made a profitable business serving customers from less than a normal seed round or from less. Lots of venture backed startups never get that far. To be profitable you have to have already made something people want, you need to have an understanding of your customers that the VC funded rocket may never develop. Going somewhere really fast is useless if it’s the wrong place. |
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