VC funding has plummeted. Is bootstrapping the solution?
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CEO Aytekin Tank argues that bootstrapping can be an admittedly difficult, but ultimately more reliable, way to start a business.
The heyday of VC funding has come to an end and the impact is a pretty bleak picture for aspiring entrepreneurs. Reports show that global venture capital funding declined 30% in the first quarter of 2024—the second-lowest quarter on record for global startup funding since early 2018.