The Bootstrapper’s Fable: Is a VC Hunting You?

Scott Dig, a bootstrapper himself, had an instructive little fable for the bootstrappers of the world earlier this month. I won't retell it in its entirety, but the moral is that we often lose sight of our most valuable assets.

Scott's message is simple: as a Bootstrapper, your most valuable asset is your independence. When a venture capital firm sinks its money into you, it also sinks its teeth into you. You no longer have complete control of your business.

You can read the fable here.

The Bootstrapper
Photo courtesy of iStockphoto, Image# 7066283


2 Responses to “The Bootstrapper’s Fable: Is a VC Hunting You?”

  1. alen Says:

    Do you think it is possible?

    This guy Anthony claims to have a formula
    to turn…

    $1000 into $1 million in roughly 5 years.
    Or $2000 into $1.7 million in just 1.9 years!

    I’m not sure…

    But this guy shows you a video where
    he is actually doing it.

    And he does it so effortlessly and explains
    it all, as he goes along.

    Watch this video and decide yourself…

    http://www.2stocktrading.com/video.html

    This type of quick cash injection…

    Should be ILLEGAL!

  2. Scott Says:

    Nicely put. I’m glad you liked the post.

    Best of luck with bootstrapping in 2009!

    Also, you may like my presentation regarding a lifestyle that allows you to survive emotionally and financially in tough times: http://www.scribd.com/doc/9050586/The-Diversified-Bootstrap-

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