My co-founder and I have been bootstrapping two products since the start of the year.<p>1 of them is in market, got early traction and growing slowly organically but, given a lot more time and effort, could be a decent sized business.<p>The second is a earlier, but again, could be a decent sized business.<p>We've chosen to bootstrap because we like the idea of the:<p>- Flexibility to shift to new projects/opportunities<p>- Building a cash-generating business (vs. waiting for a future exit)<p>- Working to our timelines/goals, instead of those of an investor<p>We have a potential opportunity to raise about $350k, for 10% from very founder-friendly fund.<p>We don't _need_ the cash, but it may help accelerate things.<p>Intuitively taking the cash injection feels like a no-brainer, but part of me never expects to exit this business because we hope to just live off the cash it generates.<p>Has anybody been in a similar situation?
Any war stories or advice?
> but it may help accelerate things<p>That doesn't sound like you need the $350k much. And there's a lot of overhead to having outside investors. I'd focus on bootstrapping for 6-12 more months, then maybe reexamine things.