> Are you suggesting he used the money on marketing instead of product? No, a lot of the marketing/hype just came from Naval and other influencers on Twitter.

> Are you suggesting he used the money on marketing instead of product? No, a lot of the marketing/hype just came from Naval and other influencers on Twitter. > most well run bootstrapped companies can end up becoming successful small and mid level companies that make a decent money "well run" is doing a lot of work here, but: - Most bootstrapped companies fail, period. - Most of them fail without anyone ever noticing they existed. It's very hard to break through the noise, and I know lots of companies/projects that failed without ever getting more than a handful of users.