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PRATHAM

Experimenting On lea... • 1y

BOOTSTRAPPING BOOTSTRAPPING🤑💥 People are obsessed with BOOTSTRAPPING!, many think BOOTSTRAPPING is better because you get majority equity and no investors pressure. 👀 According to current situation of startup ecosystem, funding is better because when you get good funds you can compete with competitions or create market and do scaling better. You get investors pressure which in somewhat is good and bad. It's up to you what you think about. Main problem with bootstrapping is that you would have less funds unless you are rich enough, in funding you will have decent amount of funds ( depends on business and sector ). I am not saying bootstrapping is bad, if you can bootstrap confidently then do it.🤌 OpenAi had one of the best product ( ChatGPT ) they still took funding because they knew the competition and the money needed for RnD, tech and product building. So if such business with such amazing product needs funding then think yourself, is bootstrapping even possible now ❓

22 Replies

Replies (22)

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Is Medial bootstraped ?

2 Replies

Looper

If nothing goes righ... • 1y

I would rather say only get funding if you want, it's easy for you or much needed. Otherwise it's better to be a bootstarpped. Most of the companies have faced issues of high valuation and betting on their business very early. You can't take that anxiety, pressure and urgency dude. Until unless you need the money for. Sure tough. Else keep us simple, keep it bootstrap. Take your time, grow over the years.

1 Reply

Anonymous 1

Hey I am on Medial • 1y

Your views and ambitions and path to go ahead should be super super clear, majorly only the executives who have expertise and the capital, they usually bootstrap

1 Reply

Yash

Trying to make thing... • 1y

But still in Initial stages of Startup we must do Bootstrap right ?

1 Reply

Nishant singh

Software Developer • 1y

Some startup need funding like if you are into R&D, or in a category where here are already big players. But its not always neccessary that you raise funding. Also raising fund is not bad but running after pure valuation is wrong.

1 Reply

PRATHAM

Experimenting On lea... • 1y

The word limit is low so I want to mention one thing, You can do bootstrapping only when you do amazing execution and organic marketing

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Entrepreneur • 6m

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Anonymous

Hey I am on Medial • 1y

Do founders get tired because of a bad schedule management and burn themselves out in the process? What do you think?

Yes

Votes: 46

1 Reply

MOTIVATOR

My motive to motivat... • 1y

🥺He is crying and totally depressed now because of unstoppable hate and pressure

5 Replies

Anonymous

Hey I am on Medial • 1y

Do you think funding is overrated?

Yes

It Depends on your plan

Take it if you get it

Votes: 16

6 Replies

Shreyan Das

You will know who I ... • 1y

Do you think focusing on designing, development and R&D of a product or securing funding and market research should be the first priority when building a product-based startup?

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Sairaj Kadam

Entrepreneur • 10m

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