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This story reminds me that the most successful entrepreneurs are often those who have wealth to begin with, which enables them to keep playing with ideas until
by ttul 4y ago
This story reminds me that the most successful entrepreneurs are often those who have wealth to begin with, which enables them to keep playing with ideas until the random walk bumps into something that customers actually want.
Segment’s founders may not have raised another $600K had their search ultimately failed. And did the founders have the cash themselves to try again? The panic attacks indicate perhaps not.
- spaceman_2020 4y agoAs a bootstrapped founder, my execution has been markedly different after I had a small exit. I started with enough cash in the bank to pay for 3 months of operations. Now, I have enough for 30 months of ops. It's a massive change in the way I run things now. Money is the single most important factor in anything, from creating art to creating companies.