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by thelostagency 5256 days ago
This is certainly an inspiring article. I've seen both bootstrapped companies grow and VC companies grow and for a personal experience I would say bootstrapping and doing it right from the ground up feels like the best way. I've also seen how stressful it can be on people if you have a VC invested who is demanding more revenue, more sales and better margins.

If your business can generate cash and support itself there needs to be no reason for a large VC cheque that will add extra costs and stress to your business. Just as the article talks about a Taxi business getting VC, there are a number of small web startups that will just never return the capital quick enough to keep their head above water.

I've also seen investors with personal interests place roadblocks as they want you to use a particular platform, their services or a related company they own for your outsourcing. While this can work very well it often seems to work the opposite and slowly bleed the business to death as the investors draw out capital.

Many businesses don't operate on double digit growth figures and I don't believe it's sustainable in most cases to expect all businesses to grow like Twitter or Facebook.