“Now, if you live in the U.S., keep in mind that the average annual interest rate for a credit card ranges between 15-19%—while store credit cards and banks like Wells Fargo charge 25% or more.

This means you’d have to generate returns comparable to the best-performing family offices—entities run by some of the most highly educated investment professionals in the world, whose full-time job is managing wealth.
So, next time a VC thoughtfully suggests you bootstrap your business with a credit card, tell him to take a hike.”