Bootstrapping: Still a Great Way to Raise Money

Heidi Roizen, Draper Fisher Jurvetson

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Roizen talks about the importance of bootstrapping and maintaining control of the company in the early stages. Not only do entrepreneurs have to work for a living, they also have to make the money raised last for a longer time. When capital became easily available, Roizen notes that people stop making money the old fashion way: by working. If you make profit, you don't need other people to invest in your company, she says.

Jan 16, 2002

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