Founder's Journal Bootstrapping vs. Venture Capital
Dec 20, 2023
Jason Fried, co-founder and CEO of 37signals, discusses the tradeoffs of bootstrapping vs. venture capital. They examine the unconventional approach of their bootstrapped company, the value of focusing on costs and product in a hyper-competitive space, starting as an agency to fund a software-based business, and the concept of optionality in shaping a business.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Bootstrapping vs. Raising Venture Capital
02:06 • 2min
Venture Capital vs. Bootstrapping: Choosing the Right Path for Your Business
03:59 • 10min
The Benefits of Starting as an Agency and Funding a Software Business
13:52 • 2min
Optionality and Shaping a Business
15:31 • 6min