Remove Customer Development Remove Design Remove Hiring Remove Liquidation Preference
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Bootstrapping vs. Raising Money

Spencer Fry

Without raising money, 1 of 2 situations would have fallen upon us: I would have had to dig deeper into my own pockets to continue to pay the contractor as well as hire others. I would have continued to scrape by with a product that was conceptually on point, but didn’t have the bells and whistles that customers expect nowadays.