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Traders nowadays need to see not solely progress, but additionally a path to profitability — and it isn’t at all times simple for venture-backed startups to instantly appropriate course. However their bootstrapped friends have a leg up, a latest report exhibits. Let’s discover. — Anna
Cheaper progress
In 2021, Alex and I questioned out loud if startups eschewing enterprise capital may have all of it. The reply this yr appears to be sure.
Certainly, Capchase’s latest Pulse of SaaS report comprises an fascinating discovering: In 2022, bootstrapped SaaS firms are doing higher than VC-backed startups in lots of respects.
“Regardless of the conflict chest of funding that VC-backed companies raised final yr, bootstrapped firms are doing higher than VC-backed firms throughout practically each metric we analyzed,” the SaaS-focused fintech wrote.
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