article thumbnail

The Entrepreneur’s Essentials #8: Bootstrap or VC?

Austin Startup

Although bootstrapping is still an approach in Austin, a lot has changed since I wrote my original challenge to the Bootstrap Austin group back in 2005. Bootstrap Austin, started by Bijoy Goswami. The original Bootstrap Austin was truly special and Bijoy did an amazing job bringing together some terrific entrepreneurs.

article thumbnail

Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

Bootstrapping. I always recommend that you start with bootstrapping. Bootstrapping is when you put your own money or borrow from friends and family to set up your business. Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ? Government programs. Seed stage.

Startup 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

Apply to local angel investor groups. A good place to start looking is Grants.gov , which is a searchable directory of more than 1,000 Federal grant programs. As a general rule, professional investors will expect that you have already have commitments from this source, to show your credibility. Fund your startup yourself.

Equity 266
article thumbnail

10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

Apply to local angel investor groups. A good place to start looking is Grants.gov , which is a searchable directory of more than 1,000 Federal grant programs. As a general rule, professional investors will expect that you have already have commitments from this source, to show your credibility. Fund your startup yourself.

Equity 436
article thumbnail

ProfessorVC: Bootstrapping 101

Professor VC

Bootstrapping 101. I moderated a panel discussion last night on one of my favorite topics, bootstrapping, as part of our Silicon Valley Center for Entrepreneurship Eminent Speaker Series at San Jose State. One of my colleagues, Joel West, beat me to the punch with a summary of the program. The last blogger in Silicon Valley.

article thumbnail

How To Save Money In Business: 10 Tips For Young Entrepreneurs

YoungUpstarts

Collaboration programs make it easy to communicate with your employees and client online. If you haven’t been able to save up for your capital, consider bootstrapping your business. You should also consider getting investments, either through crowdsourcing platforms or via the traditional way of pitching to an angel investor.

article thumbnail

Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

Sub-$2 million pre-money, it is better to bootstrap. I believe Jeff Clavier and many other seed investors are in agreement with me on this issue.) But the right funding strategy for her is $900,000-$1 million, potentially from angel investors or small funds. If you have to raise money, try to do so as convertible notes.

Valuation 119