Welcome to The TechCrunch Exchange, a weekly startups-and-markets e-newsletter. It’s impressed by the every day TechCrunch+ column the place it will get its identify. Want it in your inbox each Saturday? Sign up right here.
Investors as of late wish to see not solely progress, but additionally a path to profitability — and it isn’t at all times straightforward for venture-backed startups to all of a sudden right course. But their bootstrapped friends have a leg up, a current report exhibits. Let’s discover. — Anna
Cheaper progress
In 2021, Alex and I questioned out loud if startups eschewing enterprise capital may have all of it. The reply this 12 months appears to be sure.
Indeed, Capchase’s current Pulse of SaaS report accommodates an attention-grabbing discovering: In 2022, bootstrapped SaaS firms are doing higher than VC-backed startups in lots of respects.
“Despite the war chest of funding that VC-backed firms raised last year, bootstrapped companies are doing better than VC-backed companies across nearly every metric we analyzed,” the SaaS-focused fintech wrote.