‘Startup Tips: To Venture Capital or To Not Venture Capital?’ – ‘Business.com’ Blog
John Hingley says, “I started Dasheroo, my free business dashboards startup, just over a year ago. Between my wife and I, that would make Dasheroo our third startup, and we pinky-swore that it would be the last.
Don’t get me wrong, we both love the startup life, but after three we may just need a long break.
The first two startups were pure bootstrapped, “friends and family” type deals. Very small raises of funds which enabled us to retain most of the equity in the company, but the tradeoff was at the expense of faster growth and ultimately higher value.
So, at Dasheroo, we were once again faced with the “bootstrap it or raise a venture capital round?” question“.
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