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bootstrapped startups

2 statements across 2 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Sep 16, 2022 by Jason Lemkin · across every show →

Everything said about bootstrapped startups, oldest first

Sep 16, 2022 positive
Insight
Lemkin: Bootstrapped and VC-backed SaaS companies converge at $10M ARR
“By ten million or so in ARR, you have convergent evolution. These paths converge. By ten million ARR, you have, if you bootstrap to ten million ARR, you're generating enough cash to hire all the VPs you want, ok?”
Jason Lemkin Sep 16, 2022 ▶ 48:37 Live from SaaStr Annual 2022: AMA with SaaStr's CEO
Oct 25, 2023 neutral
Insight
Lemkin: VCs Refuse to Give Bootstrappers Credit for Slower Growth
“VCs prefer bootstrapped, but they are not willing to give you credit on growth. That's how I'd summarize. They're not willing to say, oh, well, look, 50% growth is okay. It's because you didn't have money, but if I give you money, you'll accelerate to a hundre…”
Jason Lemkin Oct 25, 2023 ▶ 44:19 What SaaStr CEO and Founder Jason Lemkin Really Thinks About AI, Sales & Lead Gen In 2024
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