This article is a bit old but the advice is timeless. If you can bootstrap a business do it. Even VCs will agree with this advice. The article was written by Brad Feld, the managing director at Foundry Group and Mobius Venture Capital.

 

Submitted: Jun 22, 2007    Views: 243    Comments: 2    Likes: 9   


View Article: http://www.feld.com/blog/archives/2004/08/bootstrapping_t.html


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Comments Received:

alexWoj
alexWoj

Good article. Certainly, if you have the resources, you want to go as far as you can without VC money.

Posted: Jun 23, 2007

Author/Submitter Response:

Yup.

Amy Closs
Amy_Closs

VCs can offer some value but if you can avoid taking the money, good for you.

Posted: Jul 11, 2007

Author/Submitter Response:

I agree. I wouldn't want to disparage VCs but if you can keep the equity and control, then you're really cooking.



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