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by albertgoeswoof 1482 days ago
This is an amazing story and great concept/startup. I’d love to know more about the economics around the company, given that you raised 2.5M USD last year- what kind of capital costs do you incur that make the VC route a good path here? How do you plan to scale up to returns that are comparable with other YC companies?

In other words, geopolitical situation aside, why not bootstrap this business or rely on debt?

1 comments

Thank you! It's a fair question given though unit economics in businesses like ours are usually pretty healthy. As we had a bootstrap experience before and were (still are!) very lean, we considered the options you mentioned too.

The point for us was not capital costs or smth, but opportunities to grow at a different scale. We see VC not as primarily funding, but as partners for the journey — source of learnings, support and network. We were mostly focused on raising from angel entrepreneurs, even current customers joined. Hopefully this answers your question.