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Y Combinator Startup Podcast cover image

How Startup Fundraising Works with Brad Flora | Startup School

Y Combinator Startup Podcast

NOTE

The problem with Bootstrapping

Bootstrapping a company forever is challenging and comes with several drawbacks./nWhen you bootstrap forever, you are constantly at risk of shutting down and running out of money./nBootstrapping often leads to low salaries and the need to take on consulting work to sustain the business./nThere are very few successful examples of giant bootstrapped companies./nBootstrapping can be defined as spreading the pain of fundraising throughout the entire lifespan of the company./nRaising money upfront for your company allows you to avoid the constant need for fundraising./nFounders who raise enough money for their company have more control and can focus on making customers happy without worrying about finances.

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