Here is an infographic on some of the notable companies in the US who have scaled heights without taking external funding
To bootstrap or not to bootstrap? A question that every startup debates over.
‘Don’t take VC money until and unless you need it’ is the first thing every startup/entrepreneur should keep in mind before approaching investors. While venture investment can open multiple doors for growth, it is a pain in the neck: the founders virtually lose control of the very company they have built with their blood, sweat and tears. They put huge pressure on the company to scale and grow fast, which affects the mental and physical health of the founders.
On the other hand, bootstrapping lets you control your company with a lot of focus and clarity. You have all the freedom to take decisions.
There are number of companies across the world who have conquered their respective markets without taking any single penny from external investors.
Here is an infographic on some of the notable bootstrapped companies from the US that their Asian counterparts can get inspiration from:
The post Bootstrapped and proud: Companies that don’t need VC money appeared first on e27.
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