PART 1: Bootstrapping vs Fundraising
Before we understand how to raise money, we must first understand a very important choice every startup founder faces:
Should you bootstrap your startup, or should you raise external funding?
Let’s start with bootstrapping.
Bootstrapping simply means buildin…
PART 1: Bootstrapping vs Fundraising
Before we understand how to raise money, we must first understand a very important choice every startup founder faces:
Should you bootstrap your startup, or should you raise external funding?
Let’s start with bootstrapping.
Bootstrapping simply means building your startup using your own resources. This usually includes:
Using your personal savings
Reinvesting early revenue generated by the business
Growing the company slowly but steadily
In a bootstra