DHH, I said this to Jason Fried — but its worth repeating… he was dead on.
I don’t believe I’m saying this as an investor. But I’m quoting Jason Fried of 37 Signals who said it so eloquently…
This is one of the reasons I encourage entrepreneurs to bootstrap instead of taking outside money. On day one, a bootstrapped company sets out to make money. They have no choice, really. On day one a funded company sets out to spend money. They hire, they buy, they invest, they spend. Making money isn’t important yet. They practice spending, not making. — Making Money Requires Practice
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