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by derefr
4050 days ago
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That's how bootstrapped startups work. Bootstrapped startups have wonderfully aligned incentives that way—there's only as much cash as there is traction, and it will run out the moment you do anything stupid. VC startups, on the other hand, can chug along "on fumes" for years, neither gaining traction nor running out of money, every once in a while doing a new investment round or merging with some other zombie startup. |
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