- Report this article
Zahid I.
Zahid I.
Founder, innovationvalley.ai | Digital Transformation Strategist | EdTech Consultant | AI for Education | Podcast Host | Industry 4.0 Enthusiast | Partner Google for Edu, Meta for Edu, Udemy, Cisco Academy
Published Mar 22, 2023
+ Follow
Starting a business can be a thrilling and daunting experience. One of the most crucial decisions you'll have to make as a founder is whether to pursue funding or bootstrap your startup. Funding refers to raising money from external sources, such as venture capitalists, angel investors, or crowdfunding platforms, while bootstrapping involves starting a business with little to no external capital.
There is no one-size-fits-all answer to the question of whether to fund or bootstrap your startup. The decision largely depends on your business goals, personal preferences, and the industry you're in. In this article, we'll explore the pros and cons of each approach to help you make an informed decision.
Funded Startups:
Recommended by LinkedIn
Pros:
Cons:
Bootstrapped Startups:
Pros:
Cons:
Author is the Founder of Innovation Valley. For questions, feedback and suggestions ask@innovationvalley.co
Help improve contributions
Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. This feedback is private to you and won’t be shared publicly.
Contribution hidden for you
This feedback is never shared publicly, we’ll use it to show better contributions to everyone.
Startup Drive
Startup Drive
1,813 follower
+ Subscribe
Like
Celebrate
Support
Love
Insightful
Funny
17
2 Comments
Cory Warfield
My reach could be yours too {3M+ views/mo to 530K+ followers of AI, Tech, Sales, Entrepreneurship} e/acc; p(Doom) = [loading]. Podcaster/Investor/Author/Speaker/Amplifier/Impactor. LLMs, LWMs, LAMs. LNMs. TECH FOR GOOD.
1y
- Report this comment
Money is always a good things but the strings attached, time wasted, bafoonary, ego, and bullsh*t involved in raising money from vcs, “angels”, HNWI etc is really not worth the stress.GrantsFriends and familySponsorshipsAccelerators (that don’t suck - the very few)Early revenue These are much better forms of funding when available in my expetience
4Reactions 5Reactions
See more comments
To view or add a comment, sign in
More articles by this author
No more previous content
- Nvidia's AI Superchip and Future of Artificial Intelligence Mar 20, 2024
- 10 bootstrapping strategies for your startup Feb 23, 2023
- Why the world needs an Airbnb of skill based education with an hybrid learning model Feb 10, 2023
No more next content
Sign in
Stay updated on your professional world
Sign in
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
Insights from the community
- Venture Capital How can a startup secure funding in a pre-seed round?
- Start-ups Bootstrapping or funding: Which is right for your startup?
- Start-ups What are the best ways to reduce risks when starting a new venture?
- Strategy Here's how you can secure funding for your startup: effective strategies for entrepreneurs.
- Startup Development What are the best strategies for navigating the funding landscape?
- Financial Management How can you determine if angel investors are the right source of financing for your startup?
- Entrepreneurship How do you balance the trade-off between giving up equity and retaining control of your startup?
- Venture Capital As a venture capitalist, what are the key strategies for managing startup cash flow during a crisis?
- Venture Capital As a venture capitalist, what metrics do you use to evaluate startup performance?
- Early-stage Startups What are the main advantages and disadvantages of bootstrapping your startup?
Others also viewed
- Early Days of Startup Success: The Evolution of Fundraising and Bootstrapping Triumphs Big Pixel 3mo
- The Angel Investor’s guide to picking high quality startups. Custero 3mo
- Bootstrapped vs VC Backed: What's the Difference and Why Does It Matter? Juan J. Moreno 1y
- What funding is right for you? Simon Levene 8y
- What funding is right for you? Mike Chalfen 8y
- Overcoming Early Funding Challenges Prepare 4 VC 2mo
- Understanding Right Investors for Your Startup Suneel Hegde 4y
- Jumpstart Our Business Startups: Democratizing Access To Capital KoreConX All-In-One Platform 1y
- How to Launch a Successful Startup Gregory Shepard 1y
Explore topics
- Sales
- Marketing
- Business Administration
- HR Management
- Content Management
- Engineering
- Soft Skills
- See All