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Exactly. If you have good growth at the beginning (not hyper), you can afford to bootstrap without any VC at all. To me, VC money pays for marketing spend, mos
by mperham 6y ago
Exactly. If you have good growth at the beginning (not hyper), you can afford to bootstrap without any VC at all.
To me, VC money pays for marketing spend, most of which is ineffectual. Be hyper-focused on putting out the best possible product and let it sell itself.
- nemothekid 6y agoHow do you pay engineers? This only makes sense if you have the talent to bootstrap by building everything yourself.
- brianwawok 6y agoKnowing how to code sure helps bootstrapping! I’m not sure how else I would have been able to get a SaaS to 7 figures bootstrapping. Maybe the second best path would be a very high paying job (lawyer?) that can afford to pay a developer or two to get the MVP going. But you have the fun risk of “how do you judge the code being made if you don’t code”