Austin Startup

NOVEMBER 25, 2018

Although bootstrapping is still an approach in Austin, a lot has changed since I wrote my original challenge to the Bootstrap Austin group back in 2005. Bootstrap Austin, started by Bijoy Goswami. The original Bootstrap Austin was truly special and Bijoy did an amazing job bringing together some terrific entrepreneurs.

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ConversionXL

NOVEMBER 6, 2019

For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. million in revenue a year. . Qualified.io

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Sweat Equity Software Review Vesting Cofounder 78

SoCal CTO

MARCH 1, 2010

My experiments in lean pricing - Venture Hacks , February 16, 2010 Ash Maurya, a lean entrepreneur who runs a bootstrapped startup called CloudFire, discusses pricing issues for first versions (Minimum Viable Product – MVP). This relates to another great post Freemium Founders: Start Charging for Things Today! Good stuff from Jason.

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Acquisition Cofounder Technical Cofounder Cost 150

Duct Tape Marketing

AUGUST 23, 2023

He is the co-founder of Boast.ai, where he leveraged the Community-Led Growth model to bootstrap the company. He is also the co-founder of Traction, a community empowering over 100k innovators through connections, content, and capital. He is the co-founder of Boast.ai This is John Jansen.

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ConversionXL

NOVEMBER 6, 2019

For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. million in revenue a year. . Qualified.io

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Sweat Equity Software Review Vesting Cofounder 50

A Smart Bear: Startups and Marketing for Geeks

APRIL 29, 2013

” Easy for them to say, but what about a bootstrapped, profit-driven business? But since you don’t, in my experience (and in a non-scientific survey of some of the 100 startups currently officing at the fabulously Capital Factory co-working space in Austin), a good pre-data rule of thumb is 20 months.

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Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

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Technical Review Intellectual Property Cofounder Bootstrapping 120

YoungUpstarts

AUGUST 16, 2016

by Evan Varsamis, Founder/CEO at Gadget Flow Inc. Myself and my co-founders were just a bunch of young upstarts with a big idea. It was a way for us to stay creative and it also brought in some revenue. The capital earned in the agency was used to bootstrap the progression of the key business we wanted to launch.

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YoungUpstarts

FEBRUARY 9, 2016

by Amit Damani , cofounder of Vista Rooms. Bootstrap was term coined from the computer lingo ‘booting’ which means starting a computer or starting a chain of processes which eventually starts up the operating system. Bootstrap mentality is critical for a startup to succeed, irrespective of whether it has raised funds or not.

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A Smart Bear: Startups and Marketing for Geeks

OCTOBER 11, 2010

Ask a technical founder about his startup, and he'll proudly describe his stunning software — simple, compelling, useful, fun. Four uncomfortable seconds later, a smile breaks across the founder's face. This is Part 5 of the 5-part series: 5 lessons from 150 startup pitches. Infection built-in, not bolt-on. Making Oprah cry.

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Software Review Technical Review Viral Software Development 261

This is going to be BIG.

MAY 27, 2014

It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company. Then, I read about the idiotic comments made by a co-founder of Rap Genius. Perhaps we all should.

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Term Sheet Founder Cofounder Software Review 160

crowdSPRING Blog

DECEMBER 7, 2012

Attention founders: Here’s how you respond to an unfair post about your company - [link]. Questions to Ask Potential Cofounders: The Master List | Founder Dating - [link]. The Series A Crunch: One More Reason to Bootstrap and Skip Venture Capital | Enterprise Irregulars - [link]. What Makes People Happy?

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David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching Revenue-Based Investing and other new approaches to VC. The question I’m asking myself: should a new VC fund use Revenue-Based Investing, traditional equity VC, or possibly both (likely from two separate pools of capital)? Greater transparency to limited partners.

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View from Seed

JULY 7, 2015

I recently sat down with the remarkably thoughtful (and insanely scrappy) Patrick Campbell , co-founder and CEO of Price Intelligently. Startup Lessons You’ll Learn: What tradeoffs a bootstrapped startup’s CEO makes. The moving story of Patrick beating cancer and the surprising way that changed him as a founder.

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Hearpreneur

AUGUST 11, 2021

With a simple 30 second video posted on social media, business owners have the opportunity to build major traffic and revenue from their sites. 17- Saturated with bootstrapped businesses. More entrepreneurs will therefore have to bootstrap their business. Thanks to Nick Chernets, Data for SEO ! #17- Photo Credit: Mike Skoropad.

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Entrepreneur Technical Review Social Media Bootstrapping 127

YoungUpstarts

MAY 6, 2019

According to Lee M Von Kraus, PHD and a mentor at Clarity.fm, “Early stage startups are usually pre-money startup that are bootstrapping the early development of a product.”. You are looking for cofounders that can help you build a product. You have finally found a cofounder that can take care of the startup. Commitment.

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Spencer Fry

APRIL 17, 2017

Days before the conference started, I was asked (and felt honored) to lead two workshops on bootstrapping vs. raising money. Having started and sold 3 successful bootstrapped businesses, and am now running 1 venture capital backed business ( Coach ), this is a topic I know a thing or two about. What's “good” about bootstrapping.

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www.readwriteweb.com

OCTOBER 7, 2007

This is typically called “bootstrapping&# and it is fraught with potential pitfalls and dangers. But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. What is bootstrapping? Why bootstrap?

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A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. I think another thing you wanted to talk about was the whole keep bootstrapping or raise money question. Jason: Exactly. Jason: Yeah.

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Technical Cofounder Cofounder Software Review Management 220

Up and Running

JUNE 4, 2018

It’s easier to bootstrap. Bootstrapping your business , which involves self-funding everything as you go along, without resorting to raising money from anywhere else, keeps you in complete control of your company. These include: 1. Michael Dell was loaned money by his family. You can leverage your student network.

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Bootstrapping Colorado Internet Software Review 66

Austin Startup

MARCH 20, 2018

My co-founder, Jason Novek, and I got into Y Combinator when there were 27 total companies in the batch and only four YC partners in existence. Besides, getting into Y Combinator is easy: just be wicked smart, create a beautiful product, get millions of users, and build a revenue stream that grows 20% every month.

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Cofounder Texas Video Software Review 48

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. We created UpKeep to fill this void—a cloud-based solution that was affordable for any size business.” – Ryan Chan, founder of UpKeep.

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A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

I'm a great example of someone who wasn't an authority on anything , but built that authority over time to the point where now my company (Smart Bear) is untouchable as the leader in both revenue and ideas in the area of peer code review. But how does authority convert to revenue? The Dream Team. Existing customers.or

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Software Review Technical Review Development Team Review Bolivia 325

Startup Professionals Musings

NOVEMBER 9, 2015

Yet many entrepreneurs rely on expensive outside services and outside money, rather than do the networking for a co-founder or two who have the right skills to work for equity. Bootstrapping not only reduces cash needs, but increases commitment. The need to hire staff immediately. A desire to roll out on a massive scale.

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ReadWriteStart

JULY 12, 2023

CEO and co-founder of InvGate Ariel Gesto says the company will continue to expand this year. Gesto decided to scale InvGate after bootstrapping for the past 14 years. Companies can increase their revenue potential and access new customer bases by expanding into new markets.

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Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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K9 Ventures

MAY 28, 2015

At K9 we invest in companies which have a clear/direct revenue model and typically don’t invest in companies that follow the Ubiquity first Revenue Later (URL) revenue model made famous by Eric Schmidt in 2007. I call this Revenue Development and have written about it before. >$0/month.

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Software By Rob

SEPTEMBER 1, 2011

Who says a bootstrapped startup can’t succeed? Here are 10 bootstrapped companies that did it on their own with no outside funding. Looking back on their previous experiences working at startup companies, the founders decided to bootstrap their business in lieu of seeking outside funding. Startup #1: Goldstar.

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Up and Running

AUGUST 27, 2020

My co-founder Andrew and I built Canny , a SaaS tool to help businesses collect and manage customer feedback and build their product roadmap, from the ground up. Canny is 100% bootstrapped —we haven’t taken any outside funding. We’re profitable, and we just cracked $800K in annual recurring revenue earlier this year.

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Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. A lot of entrepreneurs attended the event as evident by business cards with “Founder&# listed. Presenters: Sarah Allen (Co-Founder & CTO, Mightyverse) and Paul Lundahl (Creative Director, Mightyverse).

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Scalable Startup

AUGUST 9, 2018

In their quest for sustainable growth, the elusive dream for most first time founders is that first funding. This can either come from the founder(s) own bank account or from outside investors. If you’re bootstrapping, you don’t need to worry about either of these options. One of the easiest mistake to fix is timing.

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Technical Cofounder Silicon Valley Early Stage Cofounder 20

ConversionXL

MARCH 31, 2021

For example, here’s how we’d describe a segment of the app development agency’s audience: Existing Startup Founder: Sometimes, founders will already have an MVP or prototype. Cash flow is a matter of life or death when bootstrapped and pre-funding. What are the primary and secondary goals you’re aiming to achieve?

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ReadWriteStart

MARCH 17, 2011

Entrepreneurs from Latin and Central America were given first priority to pitch their businesses at today's roundtable co-hosted by Innova Tiquicia and Startup Weekend Costa Rica. He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. You can register for the next roundtable here.

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Up and Running

JULY 10, 2017

I talked to Adam Hempenstall, founder and CEO at BetterProposals , who has been using freemium for three years for his SaaS product: “Honestly, I think it was a mistake. Solving the equation of value and revenue for your SaaS product is not easy. Some companies go even further, requesting an upfront payment at their beta stage.

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Startup Non-Compete Viral Software Review 110

Startup Professionals Musings

OCTOBER 23, 2013

They evaluate you like you should assess a possible co-founder or first employee. Are revenues and costs reasonable and projected for five years? Another common approach is to bootstrap your first startup to success, possibly with some help from friends and family. Investors are people too. What are your credentials?

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Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. A lot of entrepreneurs attended the event as evident by business cards with “Founder&# listed. Presenters: Sarah Allen (Co-Founder & CTO, Mightyverse) and Paul Lundahl (Creative Director, Mightyverse).

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Steve Blank

OCTOBER 10, 2016

How founders find the determination to push through tough times was the focus on today’s Entrepreneurs are Everywhere radio show. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Jacqueline Ros. Christina Stembel.

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