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I'm not a huge user of Buffer, but I really like them because they've given us great insight into running a startup that's not a smash-hit-media-darling. VCs we
by kyro 12y ago
I'm not a huge user of Buffer, but I really like them because they've given us great insight into running a startup that's not a smash-hit-media-darling. VCs weren't knocking down their doors with truckloads of cold cash, they weren't beating journalists off their backs, etc, you get my point. They've had to stick to business fundamentals from day 1, methodically approaching issues like profitability, marketing, business development, growth, with only $500k of investment. They've been up and running for a few years now with a team of ~17 who're being paid competitive salaries. They've no doubt learned a lot and have been open about it. And this is just another example of their strategic biz dev, marketing and transparency they've become pretty masterful at.
I should add that this is also a great move by Baremetrics, who are likely to gain much more out of this.
- muratmutlu 12y agoIt's been a great insight for me and helped with putting together the deck and approach that landed us some Angel funding. The other part of it is now we want to help people too, so we've written a few posts about our own spending and metrics. Great to be able to shed some light on early stage questions.