4 ms·
I think there are so few tech companies that are entirely bootstrapped and profitable that you could probably take the time to specially consider one if they ma
by NationalPark 6y ago
I think there are so few tech companies that are entirely bootstrapped and profitable that you could probably take the time to specially consider one if they made an offer.
- winphone1974 6y agoThere's way more than you think, b they just don't need to spend time on the PR front building a public persona. They also get the opportunity to take outside money from a position of far greater power for things like paying out strategic early employees vs.v keeping the lights on. I've been involved with 2 companies that took private equity instead of IPOs because of the operational changes that a public listing entails. It takes longer to grow to this point, but the deals were substantially easier and quicker.
- NationalPark 6y agoCould you share some examples? Every unicorn I can think of took some VC funding. But maybe I'm missing some niche SaaS type companies?