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Interesting, thanks for your comment. Genuinely curious, why do you think that DBNT is better for bootstrapping? Intuitively I would've guessed that bootstrappe
by cloogshicer 6y ago
Interesting, thanks for your comment. Genuinely curious, why do you think that DBNT is better for bootstrapping? Intuitively I would've guessed that bootstrappers don't have the resources to create entirely new markets. In existing markets, the value proposition should also be more clear and battle tested, no?
- GCA10 6y agoI'll nominate GoPro as case where bootstrapping's quirky virtues helped make everything click. Doug Woodman's basic idea dates back to 2002 or maybe earlier. His early iterations of ultra-mobile cameras were slightly successful but not yet the winning version. By poking around, subject to the uniquely loose/tight constraints of what he could fund selling beads (!) and early prototypes, he bought himself a lot of time to try to get it right. Perhaps it was a case of available technology needing the better part of a decade to catch up to his vision. With a big, impatient burst of SV funding at the start, version 1.0 of GoPro might have been a Segway-like flop.