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Every founder needs to hear this: A Bad Investor is Worse Than No Investor. Before you start chasing venture capital, you must understand the risks. In this interview, M&A expert Scott Kelly explains why bootstrapped founders of seven, eight, and even nine-figure brands often love their lives, while many VC-backed founders are miserably stressed. We break down the cautionary tale of FanDuel, whose founders got "little or nothing" after raising hundreds of millions, versus MailChimp, whose founders kept 98% of the proceeds from their exit after bootstrapping. This is a must-watch for any entrepreneur deciding how to fund their business. Check out the company: https://blackdogvp.com


Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory


👀 CONNECT WITH SEAN

Subscribe: https://www.youtube.com/@seanweisbrot

LinkedIn: https://linkedin.com/in/seanweisbrot

Inquiries: [email protected]


🕒 CHAPTERS

00:00 - The Art of Finding the Right Partner

03:29 - The #1 Thing Founders Must Do Before Starting

06:27 - The VC Trap: Chasing Fundraising vs. Building a Business

08:13 - Quantity vs. Quality of Life: A Founder's Choice

11:04 - The Warning: MailChimp (Bootstrap) vs. FanDuel (VC)

13:40 - M&A is Sexy, But It's an Art

16:48 - The Dirty Secret of VC Due Diligence

21:49 - Why a Bad Investor is Worse Than No Investor

25:12 - Why I Love Bootstrapped Founders

28:01 - Start With The End in Mind


📈 WORK WITH ME

▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory

▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate

▶ My AI/Automation Agency: https://optimai.ai


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