[codingdave]

No, I have the opposite reaction. A new company with funding to me just implies a runway that will run out, and no profitable business attached to it. Show me a balance sheet that is self-sustaining on their own revenue, and I'll work with them over VC-funded startups any day.

[didgetmaster]

How possible is it these days to build a software business that is 'self-sustaining on their own revenue' without some decent funding up front?

[codingdave]

Are you joking? The cost of writing code is practically free. Some basic hosting is very cheap. Find just a couple of paying customers and you are self-sustaining. Hire only when the revenue supports it, and you remain that way.