Josh Kalish Quoted in Forbes on Why Bootstrapping Is Making Some U.S. Founders Rethink Venture Capital

Farrell Fritz Partner Josh Kalish was quoted in the Forbes article, “Why Bootstrapping Is Making Some U.S. Founders Rethink Venture Capital,” which examines how a growing number of founders are weighing the trade-offs between outside equity investment and building their companies through revenue, credit and modest early funding.

The article examines how founders are building and scaling businesses with limited outside equity, prioritizing ownership and control while navigating the financial and operational challenges of self-funded growth.

Kalish cautions against drawing broad conclusions from the success stories of companies that have bootstrapped. While avoiding outside investment can preserve ownership and independence, it may also mean sacrificing valuable expertise, connections and opportunities for growth.

From the article:

However, Josh Kalish, a partner at law firm Farrell Fritz, cautions against drawing sweeping conclusions from the successful bootstrapping of businesses. Lean companies that stall or lose ground to better-funded competitors rarely attract the same attention.

Moreover, avoiding investors can mean sacrificing expertise, connections and opportunities to grow. But he argues that founders needn’t treat bootstrapping and external investment as opposing choices. “If outside money gets you something you couldn’t get otherwise, raise it, but on terms you understand and are comfortable living with,” he says.

Read the full article on Forbes here: Why Bootstrapping Is Making Some U.S. Founders Rethink Venture Capital