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I know a couple of bootstrapped founders running businesses with $10M+ ARR. They own the business in full. Any exit event would net them the same figure as Lyft
by puranjay 8y ago
I know a couple of bootstrapped founders running businesses with $10M+ ARR. They own the business in full. Any exit event would net them the same figure as Lyft's founders.
Makes you wonder if raising money to run a business like Lyft is worth it from a personal financial perspective. The bootstrapped founders I mentioned are extremely satisfied with no outside interference or investors breathing down their necks
But then again, not everyone can build a $10M ARR business
- conanbatt 8y agoCompanies like Lyft, Uber or Airbnb changed the world. Literally.