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Seven Entrepreneurs Who Bootstrapped Their Way To Success
- pedalpete 16y agoEither the author doesn't understand bootstrapping, or I don't. according to wikipedia, 'Bootstrapping ... a self-sustaining process that proceeds without external help'. http://en.wikipedia.org/wiki/Bootstrapping http://en.wikipedia.org/wiki/Bootstrapping I fail to see how either Twitter or YouTube fall under that classification. Both the companies needed outside investment to continue operating, and YouTube was not profitable when it was bought by Google. Therefore they were getting external funding. Twitter too has been taking external funding. I don't believe that Napster was ever profitable. I don't know about the other companies.
- jasonlbaptiste 16y agoTwitter "bootstrapped"? WTF? Edit: and YouTube? If you upvoted this you didn't read it OR you wrote it.
- vegashacker 16y agoYeah, and also PG on the list is weird. ViaWeb got $10,000 in investment (http://www.paulgraham.com/sfp.html http://www.paulgraham.com/sfp.html). Not much, but that's still not a bootstrap.
- littleidea 16y agomeh, revisionist or ignorant on half of them