The longer you can push out the funding and the more you can accomplish with less, the less funding you have to do. We call this a pegasus, or i came up with the term pegasus. A company that flies over through the wings of boot strapping. They fly over funding rounds and they skip funding rounds. It's very out of favor right now. Everybody loves to raise funding. In 20 21, valuations are high. Why wouldn't you take money off the table? That is a true statement.
In a Founder University segment, Jason compares running a bootstrapped vs. venture-backed company (1:17), discusses 'pegasus' companies (11:09), advises what types of businesses should take VC (23:59), and explains what motivates VCs (33:27). Then Zach Coelius joins to take some listener questions (38:48).