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by no_wizard
1615 days ago
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Why is that a problem? Bootstrapping is a privilege, just like raising any VC funding is, yet nobody is fighting to change the term for Venture Capital funded startups. The meaning of which has been well established, both inside tech circles and outside, to mean starting a business without raising any outside capital. Why do we want to suddenly stretch the meaning of bootstrap? The compelling story here would have been "how we created a SaaS business with 1M ARR with only seed funding", and I'd still have read it. That is something worth being proud of, why is bootstrap better? |
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Because VCs increase the risk that a company will turn to shit.