Bootstrapping or Venture Capital: The pros and cons every startup should consider

Either bootstrapping or venture capital, both came with its own unique challenges –and opportunities The question you need to be asking yourself in the beginning is: “Are you a startup or a small business?”. Is your business there to support your lifestyle as a business owner? Or do you have grand plans to become number […] The post Bootstrapping or Venture Capital: The pros and cons every startup should consider appeared first on e27.


6 Sep, 2019E27.CO

Bootstrapping or Venture Capital: The pros and cons every startup should consider

Either bootstrapping or venture capital, both came with its own unique challenges –and opportunities

The question you need to be asking yourself in the beginning is: “Are you a startup or a small business?”. Is your business there to support your lifestyle as a business owner? Or do you have grand plans to become number one in your sector, or even transform a whole industry, with an international customer base? As a small business, the related passion, pride and excitement making something you are interested in (not forgetting the responsibility you have to provide an income from your passion project) make it worthwhile.

If you don’t know the answers to the above or aren’t sure what the future means to bootstrap or seek out venture capital, here are some pros and cons:...

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