2min chapter

First Principles cover image

Nithin Kamath of Zerodha candidly talks about building his bootstrapped business, weighing risks, and finding opportunities

First Principles

CHAPTER

What Is It Like to Be a Bootstrapped Trader?

I'm sure there are lots of stories along the way that we haven't heard of what it means to be bootstrapped and not having taken that. But right at the start, it was very hard. I could have used my time, something else. What we're calling calling, who are you calling active trade? So, so yeah, so it's, I think not raising funds is very hard at the start. Once you are profitable, when you don't really need money, I think you should, like, I keep talking about this, you know, people who don't need money, shouldn't go raise money because this liquidity preference is a bitch," he said.

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