If you build a business that makes 500k a year, which can be done with 30-50 customers for saas selling for 10-15k, you can sell the business and retire. Even at 250k a year, you have an asset that could change your financial life for good.
If you raise VC money, the above scenarios are considered a failure. You will have to shutdown/get acquired for nothing. You have to shoot for the moon to get massive ARR, that very very few companies ever hit.
It’s really about the level of success needed to have a financial windfall, and bootstrapping is way lower for that.
If you raise VC money, the above scenarios are considered a failure. You will have to shutdown/get acquired for nothing. You have to shoot for the moon to get massive ARR, that very very few companies ever hit.
It’s really about the level of success needed to have a financial windfall, and bootstrapping is way lower for that.