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Nice article, but I was amused by this: > If it takes too long to turn a profit, as a bootstrapped company you're dead in the water. I love how it's now an as
by jpdoctor 15y ago
Nice article, but I was amused by this:
> If it takes too long to turn a profit, as a bootstrapped company you're dead in the water.
I love how it's now an assumption that VC-funded companies will not be profitable until they're flipped. That's a relatively recent invention, for those that weren't around before the internet bubble.
- herval 15y agoGiven this phrase alone, it only states that bootstrapped companies have to profit FASTER - which is true, anyway...