I am a technical cofounder and bootstrapped three companies: 2 acquired, 1 failed. I would not bootstrap a company in today’s climate unless you do not want to exit. The VC playbooks for growth are now mature, standard and effective. So being able to leverage the funds and execute a standardized revenue generating plan is important.
Bootstrapping mostly leads to extremely slow growth unless you have skilled sales expertise on team or get lucky. Which is not all bad unless you are looking for a 3 to 5 year exit.
Bootstrapping mostly leads to extremely slow growth unless you have skilled sales expertise on team or get lucky. Which is not all bad unless you are looking for a 3 to 5 year exit.