Seed-strapping Startups Benefit from AI
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venture fundingCNBC
•Technology
Technology
Startup founders are turning to 'seed-strapping' in a difficult funding environment

79% Informative
"Seed-strapping" is gaining popularity among startup founders amid a downturn in venture capital markets.
The idea is to raise a single round of funding and scale profitably from there.
The practice of bootstrapping, or using one's own resources to start, grow and scale a business.
Seed-strapping and bootstrapping have seen a resurgence globally.
The trend has been seen in the U.S. market, industry insiders say it's even more noticeable in Southeast Asia .
Industry insiders say Southeast Asia has been experiencing a multi-year funding drought.
The region's startup ecosystem has been undergoing a recalibration after funding peaked during the Covid-19 pandemic.
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