Founders on funding:: Fashion Potlucks Julia Mitereva

▤ Summary

Plan for the worst, Y Combinator told all of its portfolio founders amid layoffs and market downturn last month. Sequoia Capital joined with its own message to startups that warned of a “crucible moment.” Inflation, stock market meltdown and geopolitical issues have created uncertainty for the venture market. As startups run to save cash, there is renewed interest and focus on bootstrapped startups. Bootstrapping is a situation where an entrepreneur starts a company with little capital, relying on personal savings instead of outside investments. Every month, we talk to a founder on their quest for investment but there are few like Julia Mitereva, co-founder of Fashion Potluck.

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