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Do you think we will see any bootstrapped companies become billion dollar corporations? Companies that start close to or are profitable from the get go. Obviou
by lgkk 3y ago
Do you think we will see any bootstrapped companies become billion dollar corporations? Companies that start close to or are profitable from the get go. Obviously small revenues.
Starting small with a specific market and conquering it and then ramping up the product to go after bigger and bigger segments.
Or is that just impossible in today’s landscape?
Like for example as a swe I have an enough of money I could use to self fund myself. If it goes wrong I just need to work 2-3 more years and I have another 500k.
- morgante 3y agoThere have been plenty of bootstrapped billion dollar outcomes. Mailchimp ($12B) is one recent example.
- lgkk 3y agoOh cool! Wonder why this doesn’t show up when I search google. I will ask chat gpt lol
- codegeek 3y agomailchimp, freshworks, basecamp/37 signals etc are all bootstrap and wildly successful.
- lgkk 3y agoWowza. I’m really inspired now. I’ve been working on a product after talking and showing the solution to some potential customers. Really want out of the swe ladder race and do my own thing. Build something ppl want :D
- cqqxo4zV46cp 3y agoThat’s not what you were talking about though. You were talking about having a billion-dollar company. There are plenty of bootstrapped companies that make a nice profit delivering something that people want. Literally look around you. By chasing a billion dollars you are just swapping one largely pointless ladder for another one.