[tfang17]

Personally, I'm happy building a smaller company.

We're an LLC, so we're allowed to take draws at the end of each year vs. having to wait for a liquidity event (IPO or acquisition).

[x0x0]

I did a vc company; my next one is 100% going to be smaller and bootstrapped if at any way possible. I definitely think it's the way to go for founders and tends to lead to better outcomes.

That said, I don't think most saas -- particularly midmarket or enterprise targeting -- can be bootstrapped. You just require too much engineering (ie eng salaries) in the first couple years to self-fund.

[tfang17]

Both my cofounder and I are technical and code - helps save a lot on costs!