The Downside to Bootstrapping
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Bootstrapping your startup has a number of advantages. Rather than focusing on raising capital, you can spend your time generating revenue. Bootstrapping encourages you to be flexible, allowing you to change direction rapidly and resolve issues of product-market fit earlier. Bootstrapping forces efficiency, because after all, you cannot spend what you don't have. Successful bootstrapping also demonstrates great management skills - the ability to define a product, get it to market, and generate sales. All these advantages can be incredibly valuable when you do decide, in fact, to approach investors.
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But as VC Gil DIbner, Principal ...