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MRR of $100,000 USD from a bootstrapped business I think still beats the elusive payoff that everyone is gunning for-it tends to not happen (that's why there's

MRR of $100,000 USD from a bootstrapped business I think still beats the elusive payoff that everyone is gunning for-it tends to not happen (that's why there's relatively few compared to failures) and VC's really don't like to talk about it. They can afford it because the have the capital and it doesn't cost time so they get away with it but you can't. The marginal returns diminish after around 70,000 USD / year, the only real winner is VC who will have their eggs in multiple baskets with only their capital at stake which won't break them. There's all sort of fancy ways to cover their ass, all at the expense of you, the founder and your employees who have traded the most valuable commodity, time. It's clear who values their time more than the founder & employees. Bootstrapping means you control the destiny and a higher chance to pocket more than a C-Suite's salary combined. So you make 100k every month from your bootstrapped business but you never IPO, you can buy the world's smallest violin. Operating at break even to meet your VC's needs for a quick IPO is a fool's game, your life is now a financial speculation vehicle for the rich. FUCK. THAT. SHIT.

mjolk 10y ago
> It's clear who values their time more than the founder & employees. Bootstrapping means you control the destiny and a higher chance to pocket more than a C-Suite's salary combined. So you make 100k every month from your bootstrapped business but you never IPO, you can buy the world's smallest violin. As someone full-time bootstrapping, and who will launch having bootstrapped, my take-away is that I wish I took seed money to be able to pay a couple people to go on this journey with me. I'm a solo technical founder and while I found people willing to make (considerably) under their market value, engineering is well paid and good make-problems-disappear non-technical people are rare finds.
- brilliantcode 10y ago
  if they are hungry and believe in your vision they will take equity and run with it. Those are the people that should be involved early on.
  - mjolk 10y ago
    I'm years out of college, so unfortunately, most of my network of "known entities" have financial obligations that need to be met.

mjolk 10y ago

> It's clear who values their time more than the founder & employees. Bootstrapping means you control the destiny and a higher chance to pocket more than a C-Suite's salary combined. So you make 100k every month from your bootstrapped business but you never IPO, you can buy the world's smallest violin. As someone full-time bootstrapping, and who will launch having bootstrapped, my take-away is that I wish I took seed money to be able to pay a couple people to go on this journey with me. I'm a solo technical founder and while I found people willing to make (considerably) under their market value, engineering is well paid and good make-problems-disappear non-technical people are rare finds.

brilliantcode 10y ago
if they are hungry and believe in your vision they will take equity and run with it. Those are the people that should be involved early on.
- mjolk 10y ago
  I'm years out of college, so unfortunately, most of my network of "known entities" have financial obligations that need to be met.