Bootstrapped vs Venture Backed runway

This is a really cool visualization by Jack Butcher on how much runway you have (aka how much money/time you have before going broke) with a bootstrapped company versus a venture backed company.

If you bootstrap you likely have very little money in the bank and don’t have much time to waste. If you are venture backed and raised a bunch of money you may have lots of money and time to waste, which COULD be good or bad depending on how you utilize it.