A better approach to funding is to bootstrap SaaS instead of using VC money. Here, we'll explore many of those underrated and underused ways.
When it comes to funding, there's the age-old question of whether to bootstrap or raise venture capital. SaaS But did you know that , while on the venture-backed side that number is as low as 32%? 80% of bootstrapped SaaS companies are profitable, or at break even And while there are many ways to bootstrap SaaS, most people can only think about 2. Having it as a side project or using their own savings.
And when you reach out to these people, do yourself a favor and don’t pitch them right from the start. Especially, if you haven’t had contact with them or it’s been a long time. No one likes to get cold messages/emails pitching them stuff from the get go. Exploring Strategic Partnerships Now you might be thinking that I’m repeating myself over and over. And while that might look like it's the case, it’s not entirely true.
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