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No plans to go the VC route. We've hired three people now — two developers focused almost entirely on open-source, and another who splits his time between our c
by adamwathan 6y ago
No plans to go the VC route. We've hired three people now — two developers focused almost entirely on open-source, and another who splits his time between our commercial projects and contributing in our OSS community by answering questions, writing documentation and guides, etc.
We keep a few hundred grand in the bank as a payroll cushion but everything else gets pulled out and put in our personal bank accounts. We're both millionaires and financially independent at this point, and are only continuing to do what we do because we really enjoy it. We're building a small team so we have more freedom to pursue other fun R&D-style projects while still delivering on what our customers and community are asking for.
- thelittleone 6y agoBig fan of tailwindcss and paying customer of tailwindui also. The decision to purchase was at least in part based on your active engagement with users on the discord channel.
- andrewstuart 6y agoPriority one is get yourselves set up financially for the rest of your life. It's entirely possible that this may be your one and only big financial win in your entire life. So make sure you bank $5M cash each before spending the money ... Consider cutting down to no employees if practical. I'm not saying you should do that, just that you should consider it. Employees cost huge money. Then, once you've got all that sorted out, if you want to do the big expansion thing .... go for it.