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Not necessarily. I know the founder of ButcherBox and he managed to get to tens of millions of revenue in pure bootstrap fashion. The PaintNite guys got to $25M
by replicatorblog 9y ago
Not necessarily. I know the founder of ButcherBox and he managed to get to tens of millions of revenue in pure bootstrap fashion. The PaintNite guys got to $25M in revenue before taking on $13M in VC. Shutterstock got to IPO without taking any capital. It's not easy, but it was more common than I expected!