The founders own more of the company
Posted: Sun Feb 02, 2025 4:23 am
One investor might be bullish on AI and suggest you add an AI angle to your product, even though you know that’s not the best move. Another investor with an enterprise background might suggest an enterprise model even though you want to target the consumer market.
Your website, your pitch deck, the meetings you take, even the way you think about your idea may be altered to appease potential investors. You might lose sight of what truly matters: the customer, the problem you’re trying to solve, and why you’re passionate about it in the first place.
Your customer in the boardroom may not be the same as your customer in the market.
The Benefits of Bootstrapping a B2B SaaS Company
Close wasn’t an overnight success, but step by step, we were able to build something valuable without having to make too many compromises.
When I think about why I’m glad I bootstrapped ukraine telegram data Close, the reasons that come to mind are:
We were able to build the business to our own liking, deciding what we think is best for customers, employees, and ourselves without the need to justify our choices to outsiders.
We were able to make better hiring decisions which has led to better retention. If you're slow and deliberate and really intentional about the people you're hiring, you create a culture that is less subject to chaos and turnover.
If I could sum up the benefits of bootstrapping Close in one word, it would be: freedom.
I’ve seen many of my founder friends who accepted investor funding achieve tremendous success, yet they often felt miserable. It’s hard to be a happy person when you have to make decisions you don’t feel good about or you’re forced to push your company and build your product in a certain way.
Your website, your pitch deck, the meetings you take, even the way you think about your idea may be altered to appease potential investors. You might lose sight of what truly matters: the customer, the problem you’re trying to solve, and why you’re passionate about it in the first place.
Your customer in the boardroom may not be the same as your customer in the market.
The Benefits of Bootstrapping a B2B SaaS Company
Close wasn’t an overnight success, but step by step, we were able to build something valuable without having to make too many compromises.
When I think about why I’m glad I bootstrapped ukraine telegram data Close, the reasons that come to mind are:
We were able to build the business to our own liking, deciding what we think is best for customers, employees, and ourselves without the need to justify our choices to outsiders.
We were able to make better hiring decisions which has led to better retention. If you're slow and deliberate and really intentional about the people you're hiring, you create a culture that is less subject to chaos and turnover.
If I could sum up the benefits of bootstrapping Close in one word, it would be: freedom.
I’ve seen many of my founder friends who accepted investor funding achieve tremendous success, yet they often felt miserable. It’s hard to be a happy person when you have to make decisions you don’t feel good about or you’re forced to push your company and build your product in a certain way.