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> No, it won’t have a 1 bil payout, but you make your own rules and you’ll get a healthy cash out from the dividends after only 1 year or so. Actually, it just
by fakedang 3y ago
> No, it won’t have a 1 bil payout, but you make your own rules and you’ll get a healthy cash out from the dividends after only 1 year or so.
Actually, it just might. RightNow was a bootstrapped startup back in the dotcom heydays, which managed a 9 digit exit after selling to Oracle. Midjourney is a unicorn without a cent of VC funding. Zapier raised just $2m, and they only got into YC on their second try.
The old maxim of "build something people want" is crap honestly - it's more appropriately worded as "build something people will pay for".
- agentgumshoe 3y agoWhich... Is the same maxim still
- fakedang 3y agoNope. A lot of people and businesses "want" something. But they're barely ready to pay a reasonable market rate it. Whether it be a $2 pm SaaS or a $100m blockbuster drug compound. They would still want it though, if they got the drug compound at a heavy discount, or the SaaS for free. And they'll keep telling you they want something that does exactly what those products do.
- aetherspawn 3y agoThere are two ways to do this. Build something that a lot of people will pay a small amount for, or in my experience the better self bootstrapping business is to build something that a few people will pay a LOT for (a super niche product).