Dear SaaStr: What’s The Most Challenging Thing for Bootstrapped Founders Once They Raise From VCs?
SaaStr
AUGUST 20, 2022
Dear SaaStr: What is the most challenging thing facing a long-time bootstrapped company immediately after accepting their first investment term sheet? In my experience — not accidentally spending it all, and ending up with way too high of a burn rate. Without intending to, or even fully realizing it. What I’ve seen again and again is founders that are great at bootstrapping finance just don’t intuitively understand how to spend more.
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