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Insanity? Why A Bootstrap Entrepreneur Raised $17 Million in Venture Funding

May 16, 2008View for printing

If you've been following OnStartups.com for any period of time, you likely know that I'm not a big advocate of startup founders going out and trying to raise venture funding in the early stages.

My argument boils down to two things:

1) Most folks don't need venture funding in the early stages

2) the odds of first-time entrepreneurs actually raising VC is pretty low.

Oh, and 3) it's one of the least fun activities an entrepreneur can take. Raising funding is often harder than building a product/business -- and much less fun!

Full Story: http://onstartups.com/home/tabid/333 ... unding.aspx
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