Bootstrapping vs. Venture Capital
Founders: Answer these two questions before you say yes to an investor for your startup
The latest Ask Andy column in Fortune is live. It starts with this vignette:
But it turns out Allen was not a bootstrapper by choice. He had pitched VCs, gotten dinged by all of them, but never told me. The story continues:
If you’re interested in the rest of the story and the answers to these questions, read on.
If you have a question about building things or managing your psychology while doing so, please and kindly email AskAndy@fortune.com.
Gratefully,
Andy
Great read, Andy! Bootstrapping teaches grit, but having capital can speed things up. Do you think founders who bootstrap build stronger companies in the long run or does having VC funding give startups a better shot at winning?