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<3 bootstrapping. They started this company on their credit cards. The founders are already well involved in mentoring local startups here in Australia. This is
by ghuntley 11y ago
<3 bootstrapping. They started this company on their credit cards. The founders are already well involved in mentoring local startups here in Australia. This is fantastic for the local ecosystem all around. Atlassian founders/directors/employees will be the PayPal Mafia (for Australia).
- gozo 11y agoNot to nitpick, but it would have probably been far better for the ecosystem if the money was spread more evenly. Few at PayPal made it super big of course (not even the "leaders" in relative terms) but they where also quite young and hungry to do something else. I'm sure they are all going to try and pay it forward as best they can and funding opportunities will increase, but that doesn't necessarily create this dynamic diversified ecosystem that PayPal left behind.