Employee commitment in bootstrapped versus externally funded companies (Part 2)
Link: Cristian Dorobantescu
Now that we have established the basics, here is the idea: from my experience, self-funded companies tend to have higher commitment, more reliable and more faithful employees.
First of all, bootstrapped companies start small and stay small for a good time, mostly because they can't spent more than they are cashing in on getting employees.
Working on a small group, 3-4 maybe 5 people – you will have more than just employees there. External funded companies could bring entire groups of new employees at once – not really good for bonding friendships and team commitments.
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