4 ms·

You know, this internets thing is disrupting more than just old-school businesses. It looks as if it's also disrupting tech-based VC businesses too. And the w

• amirmc 16y ago
  Specifically with respect to software. I'm sure there are plenty of hardware/biotech startups out there that still need VC money to get anywhere significant. Having said that I'd be very interested to hear about successful bootstrapped hardware companies. I think Dell might be an example but my google-fu is failing me today.
  • revorad 16y ago
    "Michael Dell dropped out of school in order to focus full-time on his fledgling business, after getting about $300,000 in expansion-capital from his family." http://en.wikipedia.org/wiki/History_of_Dell http://en.wikipedia.org/wiki/History_of_Dell
    • ido 16y ago
      Wasn't that quite a lot of money in 1984 dollars (maybe closer to $1m in 2010 dollars)? It's less than what you'd normally get from VCs but it's still a lot more funding than a couple of guys in a basement living off of ramen.
      • staunch 16y ago
        $629,483 http://data.bls.gov/cgi-bin/cpicalc.pl http://data.bls.gov/cgi-bin/cpicalc.pl
  • qeorge 16y ago
    I saw Mark Cuban speak last week, and he talked about driving to Austin to meet Michael Dell to buy computers out of his dorm (Cuban was then running a systems integration business). He leveraged some family cash, but the guy is scrappy. Interestingly, Cuban's entire keynote was on why you shouldn't take VC money (at an event sponsored by VCs). Nothing that hasn't been said here before, but still quite good.