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Make Lemonade

Bootstrap or raise money? (Saturday Squeeze)

Mar 12, 2022
23:07

As always, thanks for being a listener of the show. For today's episode, I break down when and if you should raise money for your company. The analogy I use is you can either ride the unicorn or chase the unicorn. 

(1:20) ride the unicorn or chase the unicorn

(3:04) types of funding

(7:30) convertible notes vs. price rounds

(9:45) when to get funding

(11:45) what kind of company do you want to build?

(14:35) what can you afford to live on?

(15:13) how many people do you want to manage?

(16:27) how much are you willing to give?

(16:56) my experience between bootstrapping and funded

(18:55) when should you bootstrap?

(20:07) when to raise money?

(21:23) be careful, don’t get distracted

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Hosted by @jrfarr — brought to you by LemonSqueezy.com. 

If you're looking to sell digital products online, be sure to check out Lemon Squeezy or follow us on Twitter @lmsqueezy

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