What's up everyone? Welcome back to another episode of Founders Journal, My personal diary made public for the world. I'm Alex Lieberman, co-founder and executive chairman of Morning Brew. Today's episode is about bootstrapping your business versus raising venture capital and how to think about the tradeoffs.

And to help me cover this topic, I invited on Jason Freed, the co-founder and CEO of 37 Signals, which is a software development company that has created

popular products like Bascamp, Hay, and others.

37 Signals is completely bootstrapped.

It's been in business since 1999. It has more than 100,000 customers and it does

tens of millions of dollars in profit per year. In addition to listening to this

podcast I highly recommend you follow Jason on Twitter check out his blog

post which I'll link to in the show notes and read his books getting real,

rework and remote. Now it's time to answer the simple but vital question that most entrepreneurs ponder to

bootstrap or to raise VC money.

Let's hop into it. Entrepreneers know that after end of year starts yet another crucial season beginning of year.

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