News / 3 May 2017

The good, the bad, and the ugly of startup bootstrapping

What exactly does bootstrapping your startup mean?

For the uninitiated, bootstrapping your startup basically means to self-fund your business, i.e. using the existing resources and internal revenue to drive your business, instead of raising any external funds. Given the wide scale availability of angel investors and venture capitalists, it’s hard to resist the chance to build a steady business without accepting external funds.

 

By Rajarshi Choudhuri

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