Selfstarted
Selfstarted refers to a company or initiative that begins operations and grows through the efforts of its founders without significant external funding, such as venture capital or large angel investments. These ventures typically rely on bootstrapping, meaning they use personal savings, revenue generated from early sales, or small loans to finance their initial stages and subsequent expansion. The term emphasizes the organic and often slower, more controlled growth path that distinguishes these businesses from those fueled by substantial outside capital.
The founders of selfstarted companies often maintain a higher degree of ownership and control over their business