5 ms·
Do you have a goal/direction in mind for the end state of the company? (Acquisition, IPO, Lifestyle business etc) It's totally fine if you don't but I would wo
by an4rchy 7y ago
Do you have a goal/direction in mind for the end state of the company? (Acquisition, IPO, Lifestyle business etc)
It's totally fine if you don't but I would work on figuring that out with the team, so that incentives are aligned, before making a decision on fundraising.
Also, I've noticed that there's alternative sources of funding for bootstrappers, that seem to be less demanding in terms of equity/growth/returns that might be more appealing.
As in, if you want to hold on to more equity or grow at your own pace.
A great article that was posted on HN: https://medium.com/swlh/alternative-funding-calculus-a-quant-comparison-of-tiny-indie-and-earnest-8d61d35d5ad5 https://medium.com/swlh/alternative-funding-calculus-a-quant...