Kwan netted low seven figures from the exit of her previous startup
Melissa Kwan · She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it · Jul 19, 2022 · at 13:42
Melissa Kwan, founder of eWebinar, shares the financial outcome of her previous startup exit that provides runway for her current venture.
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“My personal exit was like in the low seven figures.”
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More from Melissa Kwan
Kwan argues CTOs are product partners but CEOs build the business
“While I have no doubt that there are some CTOs out there that can also build a business, but I am a firm believer that a CTO is a great product technology partner, but the business is built by the CEO.”
A $250k angel check taught Kwan that only customers should fund her
“I once took money from an investor and it's private investor. He invested about two 50 K and that made me realize the only person who needs to give you money is your customers.”
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“So one thing I learned coming into this business is I do not like managing people. So our entire team is outsourced.”
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