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

May 16, 2008

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/3339/bid/5241/Insanity-Why-A-Bootstrap-Entrepreneur-Raised-17-Million-in-Venture-Funding.aspx