Not sure if just pitching to Elon would cut it tbh 😅. But I do wonder how often startups pivot from their original idea post-funding. Megan got insights on this? Just how flexible do investors expect you to be with the business model?

lol everyone knows u just gotta pitch to Elon and ur set for life. Space startups ftw 😂

Look for Megan's reply to a similar Q further up. She mentioned bootstrapping is great for maintaining control but can be slow. Angel investors speed things up but you gotta be ready with a solid pitch and understand the dilution of equity. It's a trade-off, depends on what you value more and the rate at which you want to scale.

Haha, Megan's on a roll today. Btw, has anyone tried asking about funding strategies for really early stage startups? Bootstrapping vs seeking angels - that kinda stuff? Could really use her insights on this.

Naive? Maybe not. But being overly romantic about bootstrapping can bite you if you're not careful. I've seen many 'bootstrap purists' go under coz they couldn't scale fast enough. There's no shame in funding if used right. It's just a tool. Like a car - it gets you to your destination faster, but you gotta steer properly and fuel it wisely.

new here and just started my own app, do u guys really think funding is a must? idk i feel like it's selling out too soon. bootstrap is def the way to go 👍 or am I just being naive lol?

While ya wait for Megan, here's my 2 cents: Bootstrapping is great for maintaining control and focusing on organic growth, but if you're in a fast-moving industry or your growth plan needs a cash injection to outpace competitors, you might wanna consider seeking external funding. Just be ready for the trade-offs, like diluting your ownership and answering to investors.

That's a lot of replying, lol. Megan, what's your take on bootstrapping vs. seeking funding early on? Got a side hustle I'm thinking of going full-time with, but I'm torn on this.