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I generally use the term "Bootstrapped" as a shorthand for product/SAAS business started with limited capital and focusing on growth through their own operating
by michaelbuckbee 11y ago
I generally use the term "Bootstrapped" as a shorthand for product/SAAS business started with limited capital and focusing on growth through their own operating profits.
- CamatHN 11y agoAt the same time though if a business is doing $3m profit a year between two people earning $1.5m a year each, calling it "Bootstrapped" is underplaying its success a little.