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Whether to boostrap or raise VC for SaaS businesses?

4 pointsby abhilashchoover 1 year ago
I was looking at few of the growing bootstrapped SaaS businesses and saw that some of them are growing about 30% YoY and profitable.<p>Given that AI is making builders more productive, for building a SaaS, is VC funding even required?<p>Edit: source of the data https:&#x2F;&#x2F;goldenpineapple.substack.com&#x2F;p&#x2F;the-fastest-growing-bootstrapped

3 comments

bhag2066over 1 year ago
If I were doing it I&#x27;d set out to do everything in my power to bootstrap and own 100% of the company. I think that&#x27;s the easiest it&#x27;s ever been for the reasons you say and because of cheap cloud resource. I&#x27;d use VC as a last resort or if I genuinely needed to accelerate development or growth for competitive reasons.
loondriover 1 year ago
I would say with work from home and AI helping you build stuff quickly, bootstrapping is a great way to validate the market needs and reach to 10k MRR<p>I did the same with my bootstrapped data intelligence startup
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datanerd_69over 1 year ago
Honestly, I think it depends on your company&#x27;s financials. If you have a healthy ARR topline and have been profitable with solid margins, practically there ain&#x27;t any reason to source funding. But then its a also a question about how fast you wanna grow your company - whether you&#x27;re happy with gradual and steady growth or want to desperately blitzscale!
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