When the founders of Tutlo — a Polish startup that offers an online English tutoring platform — searched for investors in 2015, there weren’t too many VCs interested in their idea. So they decided to find a way to develop the business without external help: bootstrapping.
Analysis
July 15, 2022
Why is bootstrapping the go-to model for founders in central and eastern Europe?
The lack of financing and cheaper labour costs have been pushing startups in central and eastern Europe to bootstrap — but this trend might be ending soon.
5 min read
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