Remove Bootstrapping Remove Cram Down Remove Founder Remove Seed Capital
article thumbnail

Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1. But here is the key – contrary to popular wisdom it is negatively correlated.