2 years ago

When I first set out to tackle the topic of whether startups should take venture capital support or go it alone, I ran into an initial problem: I couldn’t think of any company in the open source and cloud native ecosystem that had been bootstrapped. It is a longer road to fame, and without VC investment, the company will take more time to gain traction in the market.

If you hope to build a company that will sell for hundreds of millions of dollars in five years or less, there’s almost no doubt that you need to take outside investment.

But let’s take a step backward and remind ourselves that an acquisition in four years is not going to be everyone’s goal.

It’s the definition of success that dictates whether or not you want to take venture funding,” Raman said.