bootstrapping

“And so my view is kind of you lose your bootstrap title as soon as you raise money and spend it at a rate that's venture based.”

“The people that like bootstrap and want to brag about the bootstrap story do it because none of their other stories are working, right? So that's what they lean on.”

“That's how you get filthy rich. You build a company that you own all of, you drive revenues, and you start paying yourself more and more every month in dividends and reinvest in the company or elsewhere.”

“So I think if you are in a category where there's a lot of competition and if some of your competition already funded, it's probably a better idea to get funding and scale rapidly because VCs are going to look for other players in the category. And if you are …”

“If you can go as long as possible and eat as much dirt, if not more dirt than we did I think that you'd be far better off as a business and as a human being than just succumbing to capital right out the gate without an MVP or initial idea.”

“When you are small, you cannot do five different experiments because your organization is not really set up for it. If you do five, you cannot really devote attention to it. So you have to be very, you know, you have to be very precise and very diligent in wha…”

“I'm still, I still have very much an advocate for bootstrap as long as you can, until you get product market fit through, through getting product market fit after your product, product market fit, raise capital and efficient means when, you know, unit economic…”

“Everybody says, well, overexposure to a couple of clients is bad. Well, Yeah, in the ideal world, it is. But if you, again, are starting and bootstrapping, and kind of like somebody, you know, you have a client who actually pays you a million dollars in advanc…”

“Probably the first one. Yeah, I mean, that's really kind of been our mantra since day one. That's our CEO's whole, you know, methodology to it, and it's worked great for us.”

“So having an investment like that over the period of time that you're saying is far more, the cash flow is far better when you're doing an alignment in a sale like this as compared to trying to make it yourself bootstrapping.”

“I think bootstrapping is actually, in many ways, a better way to get to be a public company.”

“When someone starts a company, if someone gives them five million bucks, I think they make poor decisions. If the only way to hire people is through customers paying you on contracts, that means you have to actually build something that people want.”