• Subscribe
    1. Discussions
    2. Bootstrapping or VC-backed?

    Bootstrapping or VC-backed?

    Irina Ivashchinenko
    13 replies
    Let's find out who is more on Product Hunt!

    Replies

    Alice Ko
    Melissa Kwan is a 3x bootstrapped entrepreneur and has amazing advice. Followed her on LinkedIn here: https://www.linkedin.com/in/meli...
    Share
    Eddie Forson
    EnVsion AI
    It depends... Bootstrapping is hard but enables you to grow at a controllable pace at the start and forces you to focus on increasing revenue instead of other vanity metrics. VC is great if you have already bootstrapped the business to a certain stage for instance and are now going for the $100M+ ARR big swing with investor money and confidence. VC is also an option if you are able to paint a clear vision for how you're going to dominate an already large or fast growing market. To reach this goal you must grow fast and ruthlessly execute your way into a big exit within ~7-10 years
    Share
    Irina Ivashchinenko
    FirstHR
    FirstHR
    @ed_forson agree. I was wondering what the audience is for Product Hunt, and it looks like more startups are bootstrapping!
    Share
    Nick from FirstHR
    FirstHR
    FirstHR
    Bootstrapping for today!
    Share
    Maali Baali
    Serand
    Serand
    Bootstrapped: I have to work harder, but I'm proud of what I've built.
    Share
    AbdulHafeez Sadon
    So after 20h, bootstrappers win the contest in PH?
    Share
    Tanvi Mehta
    Glowy
    Glowy
    Bootstrapping!
    Share
    Simon Biasotto
    We didn't have a choice but to BOOTSTRAP lol plus I don't know what VC-backed means hehe
    Share
    Simon Biasotto
    @iren_ivashchinenko I could google it but I’d much rather ask here if you have 1min :D I supposed it meant “backed by investors” but I’m far from sure
    Share
    Irina Ivashchinenko
    FirstHR
    FirstHR
    @biasottosimon I think most startups don't know what VC support is :)
    Share