6 ms·

According to crunchbase[1], Eat24 was bootstrapped. That is going to be a nice payout for the two founders. [1] https://www.crunchbase.com/organization/eat24ho

According to crunchbase[1], Eat24 was bootstrapped. That is going to be a nice payout for the two founders. [1] https://www.crunchbase.com/organization/eat24hours https://www.crunchbase.com/organization/eat24hours

rubicon33 12y ago
whats bootstrapped mean?
- dclusin 12y ago
  They didn't take money from professional investors. They funded the companies growth with their own money.
  - rubicon33 12y ago
    "“All without taking a single dime in venture capital,” the company said in the news release. Eat24 attributes its success to hard work, chutzpah, comfortable shoes and a thing or two not mentionable in this publication." Anyone want to speculate what "a thing or two not mentionable" is? Adderal? Modafinil? THC?
    - jonchang 12y ago
      "giant balls", per the press release. http://www.prnewswire.com/news-releases/eat24-successfully-secures-zero-dollars-in-funding-172642431.html http://www.prnewswire.com/news-releases/eat24-successfully-s...
      - dclusin 12y ago
        They also used porn actors to advertise.
vassvdm 12y ago
They even seemed to be quite vocal about it: http://blogs.wsj.com/venturecapital/2012/10/04/food-delivery-start-up-successfully-secures-0-in-venture-funding/ http://blogs.wsj.com/venturecapital/2012/10/04/food-delivery...
dlu 12y ago
That's the dream