How many of you have or will be raising capital?
Slim Geransar
18 replies
How are you determining what to raise?
Replies
Noah Wittman@noah831
We've raised from Techstars, friends & family, and Angels to get us to this point. We plan to raise an institutional round in the next few months. In terms of how much to raise, that's definitely a tricky one!
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Lancepilot
I will be raising too but for now, we're bootstrapping until we achieve product/market fit and some traction on our resume
Bootstrapping from the start ,chasing users. If you chase users long enough, soon investors will be chasing you...
I have raised $1.2M seed the last year in my previous startup.
Right now, I'm bootstrapping. But I don't exclude it to scale in the future.
@slimmy82 Whenever you want!
You know my LinkedIn: https://www.linkedin.com/in/ales...
We're bootstrapping our effort to start. Rather than spending time on developing a pitch, term sheets, etc., we wanted to focus on building a quality product that *we* would use even if we didn't invent it!
I'm also fortunate enough to have two co-founders that are willing to put their money where their mouth is and invest in the project alongside me!
Lancepilot
@kali_curated Perfect! That way you get to protect your equity from too much dilution.. great step
REI Litics
@kali_curated yeah I’m bootstrapped to the core! All my savings going into the project, that’s how much I believe in it! But will eventually need funding if I’m to scale and hire a team! So I feel you