Four young scientists, accompanied by Eskom Expo’s Business Manager, Mmamoloko Rancia Riba, won their place to represent the country at the Indonesia competition, renowned…
Figuring out whether to bootstrap or find a VC overlord? Read this first
We love the idea of bootstrapping here — we even have a guide to it. Recently I have been noticing a movement toward bootstrapping. It seems that it’s the way to go if you want to avoid being “screwed” by the lovely people known as Venture Capitalists (VCs). But is it really?
Many people make the argument for bootstrapping and I am mostly inclined to agree with them, at the very least in the idea stage. The biggest argument for bootstrapping is valuation. At the idea stage, valuing your company is more of an art than concrete science.
Read more on Ventureburn.