21 Apr '15, 5pm

New in the #startup world? Learn the language with this Startup Glossary

Now that you know what a startup, you need some money to work on it. One of the options is bootstrapping, which means you are using your own money to finance your product. The usual scenario is that you outsource your services or skills to someone else – you work on someone else’s product, for example – and you use the income to support you while you work on your own product. This is a perfectly legitimate, if not the easiest, way to start working on something of your own and works well for many startups.

Full article: http://domain.me/startup-glossary-accelerators-vcs-not-al...

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