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MS

Michael Seibel

02/06/24

@ Y Combinator

No one is forcing you to start a VC-backed company; if you prefer bootstrapping, that's a valid choice and can be revisited later if needed.

Video

YC

Should Your Startup Bootstrap or Raise Venture Capital?

@ Y Combinator

Should Your Startup Bootstrap or Raise Venture Capital?

02/06/24

Related Takeaways

MS

Michael Seibel

02/06/24

@ Y Combinator

If you need to be convinced to start a VC-backed company, it's likely not the right path for you; the motivation should come from within, not external pressure.

JS

Joel Spolsky

10/25/13

@ Y Combinator

The decision to bootstrap or seek venture capital is crucial; most entrepreneurs do not rely on VC funding.

DC

Dalton Caldwell

08/30/19

@ Y Combinator

It's acceptable to pursue ideas that don't require venture capital, as most businesses don't need it to succeed.

DC

Dalton Caldwell

10/23/24

@ Y Combinator

Bootstrapping means starting a company without raising venture capital, using personal funds or business revenue instead. This approach gives you complete control over your business.

MZ

Mark Zuckerberg

10/25/13

@ Y Combinator

It's essential to keep yourself flexible and explore what you want to do before committing to starting a company.

MS

Michael Seibel

11/29/18

@ Y Combinator

If you're not irrationally motivated to pursue a startup, the experience can be frustrating and you may not grasp the risk-reward balance.

ES

Elli Sharef

03/13/14

@ Y Combinator

There's never a perfect moment to start a company; you just have to get started.

YC

Y Combinator Cast

02/06/24

@ Y Combinator

The discussion around bootstrapping versus venture capital should focus on the realities of business needs rather than sensationalized stories that misrepresent the funding landscape.

MS

Michael Seibel

02/06/24

@ Y Combinator

None of the trillion-dollar software companies have been bootstrapped without venture capital; it's important to recognize that achieving such scale typically requires VC funding.