BOU LDER STARTU P W EEK
T RAC Y O S B OR N @tracymakes
“Don't get me wrong, there is nothing bad about being funded. Moreover, in some
niches being funded is your only option - especially when you're inventing the niche.
Meaning you have to market the problem first, and then your solution. Just consider
this my own professional bias - I hate bosses. Even when they come in a
"lightweight" form - as investors.
Ages ago, when I was still working as a hired programmer, companies did not have
fancy campuses, free smoothies and a remote work option. Instead we had dress
code, toxic meetings, stupid managers, "corporate culture" and small salaries. All of
this has developed a huge hostility towards bosses in me - any bosses.
When you're self-funded your only boss is the client. The client is the only person
you have to please. The client is the only person you have to report to.
I do not want a "board". I do not want any strangers inside the company. I don't want
to pitch anyone. I do not want to survive from one round to another. I do not want
graphs, slides and "improving my presentation skills" - is this Hollywood or what?”
Alex Yumashev
Founder, Jitbit Software
https://www.jitbit.com/alexblog/289-a-quick-note-on-being-self-funded/