The Next Web

JULY 20, 2013

Co-investments are an industry standard, and entrepreneurs should strive to get as much know-how on board as possible. But for those who would like to know what it is like to experience tremendous success as a VC-backed company, I recommend speaking to people like Martin Rehak, the CEO of Cognitive Security.

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Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

Hearpreneur

AUGUST 11, 2021

17- Saturated with bootstrapped businesses. Commercial funding will become harder to secure because of the increased demand for it and the poorer state of the economy. Commercial funding will become harder to secure because of the increased demand for it and the poorer state of the economy. Photo Credit: Mike Skoropad.

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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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Bootstrapping Offshore Startup EC2 41

Startup Professionals Musings

DECEMBER 11, 2010

And that they don’t set your co-founders or key employees against you in meetings. Remember what happened to the alleged co-founders when Peter Thiel came in? Well, some of the people who considered themselves co-founders suddenly found out they weren’t! Some of those will be outside the company.

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Advisory Board Cofounder Phoenix Arizona 233

ReadWriteStart

JULY 12, 2023

InvGate , a provider of IT service management and IT asset management solutions, has secured $35 million in a growth round to fuel its international expansion. 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.

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United States Management Mexico Artificial Inteligence 121

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Decathlon Capital.

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Revenue Technical Review Software Review Equity 60

The Next Web

AUGUST 26, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. Raise your first round of money, or bootstrap. You either do it on your own, taking all risks and responsibility yourself (“bootstrapping”), or you find investors that believe in your company. 60-70% for founders.

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Management Cofounder Startup Bootstrapping 120

crowdSPRING Blog

APRIL 18, 2011

Andrew Ellis, one of the co-founders of SignNow.com, was so enthusiastic about his company, I’m going to let him do most the talking on this one: How would you explain what you do to somebody’s grandmother? One of the greatest industry challenges is educating the public about the security behind digital technology.

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Small Business New Jersey Internet Bootstrapping 105

www.entrepreneur.com

SEPTEMBER 22, 2011

Human Resources Play Video Shark Tanks Barbara Corcoran on Bootstrapping a Growing a Business (Video). Technology Technology Home Online Business Tools Security Phones & Mobile Gadgets Tech Tips Technology The Future of Facebook -- Streaming Live Now. This is the typical way that a founder determines sweat equity: foregone wages.

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Sweat Equity Equity Fractional CTO CTO 55

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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Hearpreneur

MARCH 21, 2021

Why don’t they have any security? My co-founder, Paul Pirner and I were old friends and craft beer lovers who had each decided (independently of one another) to adopt an alcohol-free lifestyle. Now, we have a well-calculated formula for launching businesses that are 100% bootstrapped with a very small amount of initial capital.

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Entrepreneur Technical Review Acquisition Software Review 154

Duct Tape Marketing

NOVEMBER 3, 2022

Carolyn serves as the co-founder and CEO of Hello Alice. Carolyn Rodz co-founded a free digital platform that connects business owners with the resources they need to launch and grow. She serves as the co-founder and CEO of Hello Alice. Everybody's so bootstrapped and so tight on dollars.

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Entrepreneur Technical Review Networking Community 80

YoungUpstarts

AUGUST 13, 2014

By Paul Jackson, founder of Worthworm. Some entrepreneurs will choose to bootstrap their venture the best they can, while others will turn to trendier options such as crowd funding or a startup accelerator to get off the ground. For new or young entrepreneurs, understanding the realities of the startup world often comes as a shock.

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View from Seed

MARCH 16, 2016

Look out for bootstrapped CarGurus , one of the leading used-car properties, targeting over $150M in revenue this year. Webb, as well as security-focused TenEleven , co-founded by Mark Hatfield. There’s Semantic Machines , one of the best collections of AI and ML minds in the world, led by serial entrepreneur Dan Roth.

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Boston Early Stage Artificial Inteligence Semantic 215

YoungUpstarts

JANUARY 11, 2017

by Karla Friede, CEO, co-founder, and member of the Board of Directors at Nvoicepay. Earlier this month, my co-founders and I raised our sixth round of venture capital funding for Nvoicepay. That may mean bootstrapping from your own savings, or getting money from friends, family, or angel investors.

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Cofounder B2B Early Stage Venture Capital 100

www.inc.com

JULY 9, 2010

Ive done a lot of placing people into positions, and I have never used a job board as a way to do that," says Rich Sloan , co-founder of StartupNation. Every type of business has their own meetings," says Martin Zwilling , founder and CEO of consulting group Startup Professionals. 500|5000 The 2010 Inc. 1 way to recruit talent.

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Up and Running

OCTOBER 24, 2017

You never know—you may just get a potential investor out of it like Michael Litt , co-founder of Vidyard. Oculus VR was able to secure their initial funding from a crowdfunding campaign, and later sold to Facebook for over $2 billion ! One of the best ways to conduct live market research these days is to try crowdfunding.

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Entrepreneur Venture Capital Angel Investor Campaign 135

crowdSPRING Blog

JULY 14, 2011

In this case, once a deal is purchased, a secure QR ticket is sent directly to the person’s cell phone via SMS text message or email. It has been very challenging bootstrapping this venture with my financial aid from grad school. In addition, not having a steady stream of income poses even a greater challenge. If so, what and why?

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Small Business SMS Bootstrapping Viral 92

www.mint.com

MARCH 9, 2010

However, a perfectly acceptable—and perhaps even better—answer is that there are no investors other than the founders, and the plan is to bootstrap the company as long as possible. But you should beware of boards that are only the founders and their family and friends. These days revenue is the best source of capital.

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Software Review Startup Post-Money Valuation Technical Review 68

Up and Running

APRIL 1, 2015

David Daneshgar, Gregg Weisstein, and Farbod Shoraka, the founders of BloomNation.com. But, of course, they need funding—and wouldn’t you know it, one of the founders is a world class poker player. So, from the consumer end, the founders believed they could do better. Creating a better experience for both florists and consumers.

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Venture Capital Startup Cofounder Chicago 60

Up and Running

MAY 23, 2016

“If you can fix a problem for someone and do it better, quicker, and/or cheaper than your competitor, you’re off to a good start.” – Gabriel Kuperman, founder and CEO of CuePin. 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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Software Review Software Delaware Forecast 74

Austin Startup

DECEMBER 20, 2010

The team has already secured nearly $2 Million in Series A financing from Mike Maples new firm FLOODGATE, and Austin Ventures. Q: Your co-founders have been working on some technology in their spare time. Some started with funding and some were bootstrap. You can’t discount serendipity and relationships.

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Curation Austin Cofounder Ruby 118

mashable.com

AUGUST 20, 2011

Startup life is all about bootstrapping, but you need a place to work, right? “There’s simply no budget for [an office], as I bootstrap the company,&# says Paul Molluzzo, founder of Baby Goes Mobile , a web app that lets parents create a private baby book they can view and update from their mobile phones.

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Cofounder San Francisco Social Media Startup 81

Austin Startup

MAY 21, 2017

I bootstrapped that business for 10 years before selling it. You may never be in a better position than you are today to find co-founders for a new company than you are as a student at UT Austin. It’s only going to get riskier to give up the security of a job and a paycheck and become an entrepreneur.

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Austin Non-disclosure Agreement Artificial Inteligence Software 54

Hearpreneur

AUGUST 2, 2020

3- Secure my sense of purpose. My co founder Jonathan Hill realised how important good food was due to his father passing away from eating poorly. Now, we have a well-calculated formula for launching businesses that are 100% bootstrapped with a very small amount of initial capital. Photo Credit: Mirela Borsan.

Entrepreneur 147

Entrepreneur Technical Review South Korea United States 147

Professor VC

JUNE 20, 2011

Since the iControl system chronicles all meetings, I was able to find the automatic picture snapped from my first meeting with the founders, Reza Raji and Chris Stevens on April 22, 2004. At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) Bootstrapping 101.

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San Jose Angel Investor Term Sheet Venture Capital 28

Up and Running

FEBRUARY 17, 2016

Word of mouth is no substitute for market research, says Ben Price, co-founder of Hard Knocks Brewing, a small brewpub in its second year of operation. Co-founders Jamie Floyd and Nikos Ridge leased their startup system from a family running a German restaurant out of a former brewpub. Click To Tweet. “No

Oregon 60

Oregon Jordan SBA Cofounder 60

David Teten

AUGUST 20, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For more background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Underaddressed market.

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Revenue SBIC Cofounder Venture Capital 60

Up and Running

FEBRUARY 20, 2015

Bootstrapping your business. If you aren’t familiar with the term, bootstrapping, also known as “self-funding,” refers to the various methods entrepreneurs can use to fund their startups beyond funding sources like small business loans. Using a side business to bootstrap your startup. Let’s begin.

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Bootstrapping Startup Louisiana Cofounder 60

The Next Web

OCTOBER 19, 2013

As if bootstrapped startups already didn’t have enough on their plates , they face an additional, major challenge that no amount of engineering or business acumen can adequately overcome: Naming their company. We were hoping to get ‘reach.it’, but that was already taken,” cofounder Ernests Stals says.

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Naming Cofounder Differentiation Startup 142

Up and Running

MAY 15, 2019

Word of mouth is no substitute for market research , says Ben Price, co-founder of Hard Knocks Brewing, a small brewpub in its second year of operation. Co-founders Jamie Floyd and Nikos Ridge leased their startup system from a family running a German restaurant out of a former brewpub.

Oregon 24

Oregon Jordan Software Review Distribution 24

YoungUpstarts

SEPTEMBER 11, 2013

By Alan Lobock, co-founder, Worthworm. The stakes will always be high—at one end of the spectrum you fail to raise the capital you need and at the other end you give up more ownership of your company than necessary to secure funds. Alan Lobock is the co-founder of Worthworm. commercial aircraft.

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Pre-Money Valuation Valuation Angel Investor Cofounder 133

View from Seed

FEBRUARY 17, 2015

Going to business school and becoming a startup founder are often positioned as conflicting choices by the media and startup bloggers. Some go as far as stating, flat out, that MBAs don’t make for good founders. In fact, there are over 250 founders from the HBS classes between 2008 and 2014. Combined, they’ve raised over $2.5

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North America Founder Cofounder San Francisco 120

Startup Lessons Learned

JUNE 24, 2020

When co-founders Hannu Rajaniemi and Nikolai Eroshenko realized their work was applicable to a coronavirus vaccine, too, they changed direction immediately. And then co-founded Helix Nano Technologies, or HelixNano, which I am now the CEO of. HelixNano was founded to develop cancer vaccines. What a remarkable thing?

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Founder Technical Review Leadership Software Review 60

Scalable Startup

FEBRUARY 1, 2013

Security, Cloud, NoSQL databases, etc. Because there used to be lots of issues around can I trust the security issues or liability issues, and an awful lot of big companies are now saying, “You know what, I am going to save so much money, the service is going to be so much better, my users are going to be so much happier, more productive.

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Software Review Startup Venture Capital Stock 22

YoungUpstarts

MARCH 27, 2013

And here’s the payoff: When you succeed in putting your clients first, you will find that everything else — growth, a positive reputation, and financial security — all fall into place. Joseph Callaway and JoAnn Callaway are coauthors of “ Clients First: The Two Word Miracle ” and founders of the real estate company Those Callaways.

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Small Business Reputation Customer Cofounder 185