Duncan Miller, the cofounder of Rose City Robotics, has had significant experience with bootstrapping startups. But lately, he’s also had the opportunity to take a seat on the other side of the table — as an investor. Bringing these two perspectives together, Duncan shares why bootstrapping works for founders but VC works for investors.
I’ve been a bootstrapped founder for over 20 years. I’ve built 3 successful companies and many more failures. But I’ve managed to make a living and maintain control over my own destiny all without raising any investor capital.
Recently, I explored the VC path with Rose City Robotics. I had conversations, customer discovery, pitch competitions and weighed the pros and cons, and ultimately decided that venture capital wasn’t the right fit for me.
If you’re a founder debating whether to continue bootstrapping or pursue VC, Duncan’s insights — and pros and cons — are well worth the read.
For more, visit “The VC Dilemma: Why Bootstrapping Works for Founders but VC Works for Investors” on LinkedIn.
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