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Then bootstrapping lost all its meaning. I don't care where the investment came from, a VC, your dad, or someone being their own VC. If we start calling that b
by purerandomness 6y ago
Then bootstrapping lost all its meaning.
I don't care where the investment came from, a VC, your dad, or someone being their own VC. If we start calling that bootstrapping, we need a new name for 'starting a profitable business with nothing but a 5 bucks VPS'.
It is not '1. Become a VC,
2. Invest in your own company.'
- ZephyrBlu 6y ago> starting a profitable business with nothing but a 5 bucks VPS That is literally what they did with their first company... This is no different to launching multiple products under the same company.
- paxys 6y agoSo if Google launches a new product tomorrow would you say it was bootstrapped?
- oatmale 6y agoWell clearly not since they are a publicly traded company and have received millions in venture capital.
- ZephyrBlu 6y agoThe question is moot because Google is so far away from the inception of the company. These guys ran their first company for 1 1/2 years, then went full-time and seemingly focused most of their energy on this new product. This is basically a pivot or new product. There are lot's of ways to frame this approach which are analogous to 'properly' bootstrapping.