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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 replies15 likes

Replies (22)

SHIV DIXIT

CHAIRMAN - BITE INDU... • 1y

Is Medial bootstraped ?

2 replies3 likes

Phanirockzzz

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 replies1 like

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 replies1 like

Yash

Trying to make thing... • 10m

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

1 replies

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 replies

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

0 replies1 like

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

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Anonymous

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Do you think funding is overrated?

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It Depends on your plan

Take it if you get it

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