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Investors these days want to see Anna, but also a path to profitability — and it isn’t always easy for venture-backed startups to suddenly correct course. But their bootstrapped peers have a leg up, a recent report shows. Let’s explore. —
In 2022, Alex and I wondered out loud if startups eschewing venture capital . The answer this year seems to be yes.
Indeed, Capchase’s recentcontains an interesting finding: In 2022, bootstrapped SaaS companies are doing better than VC-backed startups in many respects.
“Despite the war chest of funding that VC-backed firms raised last year, bootstrapped companies are doing better than VC-backed companies across nearly every metric we analyzed,” the SaaS-focused fintech wrote.