In that respect, he argues that bootstrapping has been key to the company’s success, rather than being a hindrance. All well and good, the appeal of VC finance is the financial cushion it provides.

Bootstrapping — a term derived from “pulling one up by one’s own bootstraps” — can be defined for our purposes as a process that is self-perpetuated and can develop without external input.

Citation Brush, Candida G., Nancy M. Carter, Elizabeth J. Gatewood, Patricia G. Greene, and Myra M. Hart. "The Use of Bootstrapping by Women Entrepreneurs in Positioning for Growth." Venture Capital 8 ...

Since its founding in 2022, Keylika has continuously sidestepped limitations. The company’s founders have striven for scientific excellence but embraced the struggles of bootstrapping.

Citation Brush, C. G., N. M. Carter, E. J. Gatewood, P. G. Greene, and Myra M. Hart. "The Use of Bootstrapping by Women Entrepreneurs in Positioning for Growth." Babson Working Paper Series, June 2004 ...