VIDEO | by Capture Your Flag

When to Stop Bootstrapping and Raise Convertible Debt

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VIDEO DESCRIPTION:
In Chapter 9 of 20 software entrepreneur and Borrowed Sugar founder Dan Street shares his excitement about raising a $600K ...
convertible debt financing round for his business after funding the business by bootstrapping. Seeing a need to grow and compensate staff, he decides to raise outside capital after building a team up to eight people. Street reflects that bootstrapping was appropriate given his situation, and that it was a fundamental enabler in developing his vision for Borrowed Sugar.
Posted: 06/06/2011 | Views: 763 | Duration: 01:25
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