SPACs, Bootstrapping and Funding, Firing Execs, and More on One on One with A and Z #5
a16z Live
Venture Capital
If things are going well profitably, boot strapping a sophoros turtup. How should founders think about raising venture capital or continuing to grow funded by earnings? The existence of very successful bootstraps shows that nobody needs venture capital. What don't see are all the companies that were successfully bootstrapped and could have become big with fenture capital who got obliterated when they raised money.
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