Bootstrapping or raising capital?

bootstrap till you can show some validation and traction via your users and raise capital for expanding and growth

Bootstrapping.

Bootstrapping is our game plan, at least until we validate our concept. We're focusing on self-sufficiency to fine-tune our product and show its value before exploring external funding.

It all depends upon your strong mindset or business aspects , bootstrap sometimes deadly as well as VC funds.

Both have their merits. Bootstrapping keeps control, aligns with some indiehacker philosophies, and allows for slow, organic growth. Raising capital can fuel rapid expansion and bring in valuable expertise but often at the cost of equity and control.

done both. not enough ppl talk about dilution. i have a mentor that had a billion dollar exit, but took him 14 years and he owned a fraction of a percent all said and done. his last company, he sold to gusto in 2 years and was able to close the deal within a month as he was the only signature required for the sale of his company. It was his biggest financial success. only take on capital if it helps you move the needle, but do not be dependent on it.

Bootstrapping but evaluating raising capital once there is a proof of concept / in order to hit scale + not shortening our runway.

A lot of this depends on your personal financial situation. A lot of folks don't have the resources to adequately bootstrap (tip: building up to ramen profitability takes a lot more time than you'd expect). Raising capital allows you to fully focus your energy on building your company instead of being distracted by finances. Bootstrapping offers you flexibility and control over your ultimate vision and direction. Also, only a small sliver of companies are venture-backable (i.e. the ability to return the full fund) vs. most companies being bootstrappable!