Payments, people and the bootstrapping spirit: How early-sate startups can enlist the right security as they grow
We are constantly hearing about startups raising millions from investors, venture capitalists and startup incubators. However, we rarely touch upon the startups that were founded with little or no money. Let's put that right. To ‘bootstrap' your startup means to not take money from venture capitalists or external investors, build an income generating business and use the profits to fund a startup's early years so you don't need to raise external funding. Checkout.com fits the bill. Having raised a record-breaking $240 million Series A funding, accelerating the company's valuation to a mighty $2 billion, here's how they got there.