Founder Playbook

Bootstrapping
there's a real void between what no money is and Angel money but then also BC money on the other side if we look into a business and there's one of those knowledgeable investors in there it would be positive for us because they also they don't mind an exit it's more problematic if there bit if there VCS in there where it's not aligned with the founders

A patient angel investor on the cap table is a green flag for acquirers

There's a real funding void between zero capital and VC capital that long-term bootstrap-compatible angel money fills. For acquirers, the presence of a patient, exit-aligned investor on the cap table is a green flag — VCs with misaligned timelines often kill deals or destroy companies. Pick capital sources whose return horizon matches yours.


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Tim Schumacher
SaaS GroupPE-style fund acquiring bootstrapped SaaS · founder of Sedo · 20+ SaaS portfolio
The Bootstrapped Founder
Tim Schumacher — The Bootstrapper's Mindset· 42:20
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