To Founders on PH - Are you Fundraising (or applying for YC) or Bootstrapping ?

Ayhan Dzhemalov
7 replies
Hey there Founders (and non-founders), I was wondering how many of your are raising funds right now with their launches, how many are applying for YC or other accelerators, and how many are going to Bootstrap until they have enough traction to raise a few Millions from Seed or Series A ? Why did you chose one or the other ?

Replies

Ayhan Dzhemalov
@andriyuh Not an easy task but VC's are getting more and more active with each week. This is a fantastic way to scale and grow fast.
Solomon Bush
Yeah trying to raise a seed round!
Ayhan Dzhemalov
@solomon_bush That's the way to go. If you want to scale and grow fast you need that financial injection.
Tanjir Rahman
Hey there! As a SaaS Product Demo animation explainer video expert, I'm currently bootstrapping my business. I'm still in the early stages, so I'm not sure if I'll need to raise funds in the future. But I'm open to the idea if it means I can accelerate my growth.
Ayhan Dzhemalov
@tanjirrahman These options should always be on the table. All have pro's and con's. Of course you strike some significant deals in 5-6 months and you have 500k Revenue, you might not want to dilute your equity and give up power. But it's not an easy task, otherwise, everyone would just do that :D :D
Tanjir Rahman
@ayhan_dzhemalov You are absolutely correct on that @ayhan_dzhemalov ! Let's connect and discuss further on that! Thanks again!