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👥 Meet Our Guests: 🌟 Phillip An: Co-founder of Homebase, a PropTech startup backed by Y Combinator, Phillip has raised over $30 million through venture capital and debt funding. With a background from Harvard Business School, Goldman Sachs, McKinsey, and LinkedIn, Phillip shares his insights on navigating the world of VC funding. 🌟 Stephen Turban: Co-founder of Lumiere Education and Leverage Assistants, Stephen has built two successful bootstrapped businesses with 80 employees under his leadership. A Harvard College alumnus and HBS dropout, Stephen is an advocate for the bootstrapping route and frequently shares his experiences on LinkedIn. In this episode, hosted by Ruby Nguyen, we dive deep into the great startup debate: Bootstrapping vs. Venture Capital Funding. Which funding route is best for your early-stage startup? We explore this crucial question with two extraordinary guests who have each excelled in their chosen paths. 🔑 Episode Highlights: Phillip and Stephen dive into the crucial choice between bootstrapping and venture capital funding. Phillip explains why VC funding was essential for scaling Homebase rapidly, while Stephen highlights the freedom and financial discipline of running a bootstrapped business. Together, they debunk common myths, explore the real risks and rewards of each funding route, and discuss how they define success beyond just financial gains. The conversation wraps up with compelling elevator pitches from both founders, offering practical advice for entrepreneurs deciding which path to take. Whether you're a startup founder weighing your funding options or simply fascinated by the world of entrepreneurship, this episode is packed with practical advice, real-world stories, and thought-provoking insights on bootstrapping and venture capital funding.
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