Mailchimp rejected venture investors because internal cash flow was sufficient
Ben Chestnut · (July 2021) Ben Chestnut: From Side Business to $12 Billion – The Accidental Triumph of Mailchimp · Aug 25, 2025 · at 47:58
Mailchimp co-founder Ben Chestnut describes rejecting venture capital investment during the company's rapid growth phase.
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“We were totally self-funded. Investors still came, and, you know, they would say, you know, take our money, and we'd say, we can't, we don't know why we would need it. We, we're making plenty.”
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