Funded startup vs Bootstrapped startup
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Funded startup vs Bootstrapped startup
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Re: Funded startup vs Bootstrapped startup
#2Most are not.
The most funding pitches are the ones who NEED the money to start working on MVP at all, let alone already have working business models to support themselves.
The "Funded vs Bootstrapped", in the meaning of the words implied in article, is a choice only for a select few.
Re: Funded startup vs Bootstrapped startup
#3Re: Funded startup vs Bootstrapped startup
#4Re: Funded startup vs Bootstrapped startup
#5While the author claims there is a charm to the "37 Signals" profitability approach vs. the "Twitter" growth approach. There's a reason those companies operate on completely different models and on completely different products.
In hindsight, would you have believed Apple could have existed without capital infusion? It is, arguably, a very profitable tech company.
I think there is a reason for both types of companies to exist. Generalizing the problem in to a pseudo duel between the two are the beginnings of a flawed decision.