4 ms·

So is a bootstrapped company that isn't taking investors and never plans to be sold but is planned to eventually grow to several million a year in revenue a sta

So is a bootstrapped company that isn't taking investors and never plans to be sold but is planned to eventually grow to several million a year in revenue a startup? Edit: Several can be up to 10 to 20 million. Technically this is more than the pay off to the founders of most successful startups, I believe.

pg 18y ago
Sounds borderline, if several million a year is the upper bound on revenue. Edit: I assumed by "several" you meant several. If you could actually get to 20m in revenue, that's starting to sound like a startup, assuming you had product margins rather than service margins.
gcheong 18y ago
Another way to look at is the "Ben and Jerry's vs. Amazon" model: http://www.joelonsoftware.com/articles/fog0000000056.html http://www.joelonsoftware.com/articles/fog0000000056.html Sounds like you're more or less in the B&J camp.
- lionheart 18y ago
  That's a great article. Thanks! I am definitely in the B&J camp, and this article really got right exactly what that means.