A founder who bootstrapped his company argues that venture capital isn't always necessary, but becomes worth considering when you need to build distribution for a product. The choice depends on your specific situation, not ideology.
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If you are in a startup and you need to accelerate and you are in a very competitive landscape, of course you need capital. And I'm not saying that venture capital is something that shouldn't exist. It has to exist. It provides a service, but it's not for everybody. And for us, we believe that bootstrapping is the best way. I'm very proud of being able to reach this level without external funding, which I never absolutely discard. It's always a discussion. It's always a question of should we raise capital? Why? For what? One of the things that we are doing is transitioning to a product company. Our vision is to build distribution so that it's having our own product, and that will probably require more capital.