Welcome to The TechCrunch Change, a weekly startups-and-markets publication. It’s impressed by the daily TechCrunch+ column the place it will get its title. Need it in your inbox each Saturday? Join here.
Traders today need to see not only growth, but additionally a path to profitability — and it isn’t all the time simple for venture-backed startups to out of the blue appropriate course. However their bootstrapped friends have a leg up, a current report reveals. Let’s discover. — Anna
In 2021, Alex and I puzzled out loud if startups eschewing enterprise capital could have it all. The reply this yr appears to be sure.
Certainly, Capchase’s current Pulse of SaaS report comprises an attention-grabbing discovering: In 2022, bootstrapped SaaS firms are doing higher than VC-backed startups in lots of respects.
“Regardless of the struggle chest of funding that VC-backed corporations raised final yr, bootstrapped firms are doing higher than VC-backed firms throughout practically each metric we analyzed,” the SaaS-focused fintech wrote.