“A lot of successful bootstrap startups are unfortunately because they cannot invest and their growth is slowed down. When they do want to exit, they only can exit at like one X or 1.5 X of their ARR.”
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More from Hana Mohan
Insight
Mohan: Professional founders should delegate execution and focus on vision and funding
“I think over time you realize that if you take entrepreneurship like a profession, then your job really is to come up with the original idea, the funding, the vision, but a lot of the execution you're actually better off handing off to other people.”
Hana MohanSep 7, 2021▶ 6:04Episode 566 | From Bootstrapped to Venture Backed with Hana Mohan
PredictionNot checkable as stated
Mohan: Asynchronous remote work will remain a startup hiring advantage
“I still think that kind of asynchronous remote is a, is still a kind of a rarer thing. There are a lot of companies that would only do remote in a certain time zone or would only do hybrid. So you can tell they're not truly okay with letting people manage thei…”
Hana MohanSep 7, 2021▶ 8:11Episode 566 | From Bootstrapped to Venture Backed with Hana Mohan
Insight
Mohan: Early startup chiefs of staff need founder potential over deep experience
“At least if you're using somebody for this sort of, like, help, I don't think they need to, they don't need to be super experienced. Probably if they are, it's better, but it's almost like you would hire somebody who probably would go on to become a future fou…”
Hana MohanSep 7, 2021▶ 28:25Episode 566 | From Bootstrapped to Venture Backed with Hana Mohan
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