[ushakov]

There is no pressure if you don’t need much money and get it from right people, who know the deal upfront

[markcollin]

Like? If I understand you raise outside only if you plan to scale and give a great return; otherwise it is better to bootstrap right?

[ushakov]

Incorrect. At early stage, the funding is primarily so that the team can pay themselves a salary. They don’t expect any returns at that point. Most (96%) of the VC-funded startups do not make more than $1m revenue. Bootstrapping is in my opinion much worse, because you put your own capital at risk

Source: https://venturebeat.com/entrepreneur/getting-to-50-million-h...