bootstrapping

“They have no choice but to raise a ton of money And to get a ton of attention because the only way they win is by winning the market. They have to be the leader or they lose. They will run out of money. It won't work out for them. You have built a real busines…”

“It is a certain level of privilege to be able to bootstrap a lot of the time. It means that you have Either it's a bunch of savings, you made a ton of money doing something else, or a lot of the time your spouse makes enough money so that they can cover the wh…”

“I will say it is harder than raising money. It really is. Because once you have funding, you can hire people to do stuff. You're worried less about all the nuts and bolts of it.”

“Bootstrapping especially is just such, such a great equalizer. It's such a platform that does the tool solve a problem that's worth paying for, then people will pay for it. And they usually don't care who you are in most cases, you know, they don't care where …”

“I believe that almost anyone now, especially with no code, but with code, with learning to code, with all the resources online today, that people can change their lives through bootstrapping and not just through software bootstrapping.”

“It comes back to my rule. Don't bootstrap a two-sided marketplace. That's exactly what this is, unless you have access to one of the sides.”

“Bootstrapping something for years is not possible for the average person, which is why this metal path needs to exist”

“This is a great example of a company that needs to have the investment so they can fulfill the promise that they have for their users of having this like quick, easy deployment that's really fast and snappy. Yeah, it's a great example of a company where both s…”

“It's good because it motivates you to build a viable business and a business that generates revenue and profit from the start. That is the superpower of bootstrapping. But it's bad because it teaches you to think in the short-term”

“Bootstrapping is actually, in a lot of cases, in most cases, is the right call, and we don't have to be prisoners to this narrative that the venture industrial complex tells us, that We're not important if we don't raise funding.”

“A big mistake I see folks making is thinking I can build a venture scale business, or I can build a business that will probably need a lot of funding, but I can just bootstrap it. Or I can build in a market where there's going to be a ton of funding and probab…”

“If you're bootstrapping and you're hiring your first 10, 15, 20 people, And this person doesn't already know how to do the job and you're going to train them up from scratch, unless you really, really need to save on budget, that is a case where you are going …”

“Not only, should not everyone raise it, but I only think about one percent of venture-eligible tech startups should raise venture. I think one percent, approximately, should consider raising venture. I think nine percent should consider raising some type of fu…”

“If you're going to take a small percentage of GMV, or you're going to be ad-based, or you're going to need a million users in order to be viable, these are just not easily bootstrapable. I say they, in general, they aren't bootstrapable, but I suppose one in a…”

“What I mean is, you are decreasing your chance of success By bootstrapping, B to C, a two-sided marketplace, et cetera.”

“A funded startup is going to have some inherent pressures that you don't necessarily have if you're bootstrapping. A big one being like, they have to make sure they're targeting a big enough TAM. You know, the total addressable market is large enough to kind o…”

“You probably won't be able to do freemium because you can't kick your revenue super far out into the future, and you need to charge enough that you don't have to find a kajillion customers to make 10,000 dollars a month or whatever you need to live on.”