Founders without a five-year runway should seek venture capital
Bridget Harris · Fireside chat with Bridget Harris and Alex Theuma - How to take care of business: 5 lessons in bootstrapping to $5m ARR · May 31, 2023 · at 4:38
Bridget Harris, co-founder of YouCanBook.me, discusses the financial runway required to bootstrap SaaS companies versus raising outside venture capital.
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“If you can't afford a potential five year runway to get up to speed where you're hiring people, you're paying yourself, and you're feeling good about it, then that's the point to take on a financial partner who's gonna give you some of that upfront cash.”
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