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I really enjoy this series and they do a good job of writing about the companies. However, I don't think it's fair to call companies that took an angel investme
by jonpaul 15y ago
I really enjoy this series and they do a good job of writing about the companies. However, I don't think it's fair to call companies that took an angel investment as being "bootstrapped." What does the rest of HN think? Is that being pedantic? Please share your thoughts.
- 3am 15y agoI don't think it's pedantic. I read bootstrapped to being self-funded by either the founders money and/or cash flow.
- studiofellow 15y agoI'm curious: does the term "bootstrapped" apply only to how you begin the business, or to the entire history? I tend to read it that way, but I can see where others might disagree.
- kisielk 15y agoWhere do you draw the line? I think everyone starts with something of their own before getting investor money, eg: clothes, a computer, travel expenses. What's the cutoff? $100? $1000? etc
- wensing 15y agoWe've bootstrapped Stormpulse for years. Even if we take outside investment, I will still acknowledge our start as bootstrapped. At that point we would no longer be "bootstrapping" though.