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PRATHAM

Experimenting On lea... • 11m

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 ❓

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