Should startups bootstrap their venture or seek external investors? I’ve heard arguments for both sides, and I’m wondering about your personal experiences. Entrepreneurs who have bootstrapped, how did you manage resources effectively? For those who sought investors, how did you approach potential backers and what was your pitch strategy?
I’m bootstraping. I have been offered for investment but I’m fine. People don’t invest on things that don’t work so why should I lose my company? But also I don’t need the money because I have several customers, if you can’t atract customers how do you expect to atract VCs?