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> I don't see how "$25 million from a VC" will be interpreted by outsiders as inspiration for bootstrapping. Yes, outsiders might not see it. At the time, insi
by jpmattia 5y ago
> I don't see how "$25 million from a VC" will be interpreted by outsiders as inspiration for bootstrapping.
Yes, outsiders might not see it. At the time, insiders saw the percentage the company retained, and realized that Google did not actually need the money. It opened quite a few eyes.
Reply to your edit:
> How would the early Google survive for 3+ years with no revenue?
That was the point: They had revenue, and at a level that they did not need the VCs, which enabled them to negotiate the A round of $25M as well as they did. It would be difficult to pull that off with hardware.