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by ushakov
991 days ago
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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... |
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