Skip to Search
Skip to Main Content
Main Content


"Bootstrapping seen as useful tool for startups that can afford it" (

June 06, 2018

John McDonald was quoted in a June 6 article which highlighted the pros and cons of bootstrapping and how it can be seen as a useful tool for entrepreneurs. The following is an exerpt from the story. 

John McDonald, a lawyer with Godfrey & Kahn, says each startup’s funding strategy must fit the situation, so there’s no one-size-fits-all. 

“You really need a solid plan; it really flows from there,” he said. “I think bootstrapping is a phenomenal way to start off a company and bring it as far along as you possibly can, and by doing so you can create a value that makes that capital raise go easier and less dilutive to yourself.” 

Related Attorneys

Media Contact 

If you have a media request or need an attorney with particular knowledge for comment, please contact Kyle Mondy, Marketing & Communications Manager, at 414.287.9481 or


Subscribe today to receive firm newsletters and blogs, client updates, seminar announcements, and more according to your preferences and areas of interest.

Disclaimer and Legal Notices

Copyright © 2023 Godfrey & Kahn, S.C.

Attorneys at Law - All rights reserved.


Client Login