3 ms·
Not until way after they were profitable. And they took him on as an adviser more or less, they didn't need the cash. Tell if me Jeff Bezos said he wanted to bu
by ryan-allen 13y ago
Not until way after they were profitable. And they took him on as an adviser more or less, they didn't need the cash. Tell if me Jeff Bezos said he wanted to buy a part of your company (which gave you some access to him) you would say no??!
- gadders 13y agoI would say yes in a heartbeat. Would I then make such a noise about being bootstrapped and profitable? Not so sure. Pretty certain I would add a * with an explanation every time I mentioned bootstrapping. But is your version of events correct? I've never seen the story myself on a 37Signals post.
- mike 13y agohttp://37signals.com/svn/archives2/bezos_expeditions_invests_in_37signals.php http://37signals.com/svn/archives2/bezos_expeditions_invests...
- gadders 13y agoYeah, just found it. Understandable, but I guess my comments about caveats still stand.
- ryan-allen 13y agoI think bootstrapping means 'we didn't take any money before we were profitable'. I don't think taking money later counts, and certainly they didn't take any because they needed to expand or anything. I don't think they need to put any caveats. 37s existed for years and years, with their own web applicaton products, before Bezos came on board.
- johnward 13y agoBoostrapping doesn't necessarily mean you never take money. It means they go off the ground running and built a business that was profitable without taking investments. After it was profitable for years they took some money (I have no idea why at this point).