David Daneshgar, a founder who has been a co-founder at both:
– A venture-backed startup that raised millions
– A bootstrapped business
Shares what's good & what's bad and why he now prefers bootstrapping over raising external capital.
Topics Discussed:
– David's transition from professional poker player to raising venture capital for his previous startup BloomNation and then starting a bootstrap business.
– David's exit journey from BloomNation and the recapitalization process they went through.
– The power of bootstrapping and making the right decisions for your business.
– Tips and advice on raising venture capital and the importance of finding out early if your business idea is viable.
Listen to the full episode on the Fundraising Demystified (https://blog.thunder.vc/funding-101/raise-vc-or-bootstrap).
What's better in your opinion bootstrapping or venture-backed businesses? What do you prefer?