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Plenty, but it's a lot easier for a company to bootstrap and hit $1MM in revenues and be profitable than it is to be the next Apple or Google or younameit.
by jasonfried 16y ago
Plenty, but it's a lot easier for a company to bootstrap and hit $1MM in revenues and be profitable than it is to be the next Apple or Google or younameit.
- cedsav 16y agolooking forward to hit the $1M mark and be featured by you guys :)
- rguzman 16y agoHitting $1MM in revenues strikes me as "about as difficult" as raising a series A if not harder. However, having to bootstrap places constraints on the type of product/company one can build. There is also the time factor. Some products have a right time and place and bootstrapping may lead to missing a window of opportunity. Trying to be the next google or younameit is playing the lottery, no argument there. Bootstrapping to $10-100MM strikes me about as unlikely as being the next google.
- jasonfried 16y ago"Bootstrapping to $10-100MM strikes me about as unlikely as being the next google." That's not even a contest. $10MM+ bootstrapped companies are far more common than "being the next Google." More stories on the way.
- corruption 16y agoI notice you took the low end of the scale. I wonder if there are many 100MM+ companies that bootstrapped.