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Entrepreneurship
by Shawn Hessinger on April 22, 2007
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During my 5 years working in software companies I got the chance to work on both self-funded (and bootstrapped) and external funded companies.
I'm not going to make some definitions of self-funded versus external funded by the book, but to make sure we have the same understanding of the things I would say that:
• a self-funded company (bootstrapped) is a company that grows based on the resources it has generated previously
• an externally funded company relies on supplemental resources offered by the shareholders, venture capitalist or any other entity.
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Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/65121
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