Bootstrapping Exposes Weaknesses Venture Capital Can Hide

I don’t have anything against raising money, and in the right situation it can be a powerful tool. But after building businesses without relying on outside funding, I’ve seen a consistent pattern: When there’s too much capital too early, it tends to hide problems that should have been addressed sooner. Those problems don’t disappear, they just surface later, usually when they’re larger, more complex, and more expensive to fix. READ MORE