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PRATHAM

Stealth • 10m

Can a app based startup be bootstraped ? Let's discuss! I probably think no coz firstly it requires a lot of funds just to do basic things and if included marketing, operating costs, salary, etc it would be huge amount. Also in such startup scali

Havish Gupta

Stealth • 10m

It depends upon the product and service it is offering.. but if the founders have coding knowledge and have a little to invest. It can be bootstrapped. Take example of medial only, it got funding last month..but even if they hadn't taken funding, they could grow organically. They only had start thete earning methods (like ads) now. I know it is hard to bootstrap an app but not impossible.

1 replies1 like

Replies (1)

PRATHAM

Stealth • 10m

You are right but see their growth if they had raised funds then it would have grown very fast and might have built a good share in market , they are not doing this because medial isn't developed yet I would say many updates are required. Bootstrapping can be done for just a small period of time eventually you have to raise funds

1 replies

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