Founders

hypercast

There are so many great startups to start and products to build that are just not a good fit for venture

For example, I love a shiny new object in dev tooling, pretty much every new database I think is cool. But these products and companies invariably raise too much money out of the gate, or on the wrong terms, and even from the wrong asset class

A lot of the "zombie" companies, the ones in the graveyard, and the ones that "made it" with negative unit economics are ones that would be smash hits had they bootstrapped or taken less money

A company with $50m in *slow and steady* revenue and $0 in venture is a monster. The same company with $100m raised risks becoming a zombie  

There are amazing businesses that lie between vc and lifestyle. They are small businesses disguised as venture because of some counterfeited variable like the product is software or the founder is young

Some of these can start as consulting businesses, most need something other than venture capital — they need working capital

Such an important consideration for founders.

Bootstrapping is sooo hard, but like a butterfly coming out of its cocoon, the struggle is often what proves your product. 

VC debt can give you the runway you need, but bad debt of any kind is the most deadly force in any economy.

Raise carefully, friends!

Decentralizing infrastructure with Kleomedes |

Building collaboration with Nearchos |

/octant Community Grants Council |

/colinks-and-co CoDAO Council

Founder & Secretary of @kokonutnetwork & /coconuts 🌱🌴🥥

https://link.kokonut.network/ClimateRace

Legendary tier is reaching 7–8 figures in stable yearly revenue without VC funding.