Is bootstrapping becoming sexy again for web2.0?
Published in 2007, this chronicle by @rokhayakebe details the mechanics of building a profitable, self-funded business without venture backing.
The community focused on B2B customer acquisition channels, cold email vs SEO distribution, and balancing full-time employment with side-project development.
Open source tools, low cost on bandwidth and storage space have all triggered low cost and overhead involved in starting something. When you have a passion for what you are doing and costs are way too low, then any wise person would run it on his own. Now a days everyone knows that going to a VC or scouting for funds would lead to power struggle inside the company with the result being the founder getting kicked out.
Does YC only invest in ventures planning on liquidity events, or are they open to ventures that only plan on becoming profitable and paying dividends?
To be precise: is bootystrapping bringing sexy back?
Are you currently looking into VC or are you bootstrapping your startup and growing it organically?