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Similarly, Kalyan highlighted the importance of building from scratch with personal investment, taking calculated steps before seeking external funding. For instance, he shared plans to raise funds only after establishing a strong user base and proven product usage, thus ensuring higher valuation and less dilution.
Bootstrap to Scale: The Power of Timing and Valuation
Kalyan’s insights revealed a strategic approach: bootstrap initially to develop a minimum viable product (MVP), then seek funding at a stage when the valuation is favorable. He emphasized reducing costs, extending runway, and focusing on building a product that demonstrates tangible value before raising larger sums. This tactic not only preserves ownership but also attracts more substantial investment later.