Startup Professionals Musings

APRIL 14, 2014

The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of website applications today. I give this advice all the time – “launch fast and iterate.” Life is more fun that way.

Startup 252

Startup eCommerce Hosting Bootstrapping 252

Startup Professionals Musings

MARCH 16, 2011

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. Following is my prioritized larger list of sources, with some “rules of thumb” which may save you a lot of time and energy: Bootstrapping. Friends and family.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

Startup Professionals Musings

NOVEMBER 18, 2011

The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of e-commerce today. I give this advice all the time “launch fast and iterate.” Life is more fun that way.

Hosting 248

Hosting Bootstrapping .Net Social Network 248

Startup Professionals Musings

JANUARY 10, 2013

The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of e-commerce today. I give this advice all the time “launch fast and iterate.” Life is more fun that way.

eCommerce 196

eCommerce Hosting Bootstrapping .Net 196

Startup Professionals Musings

DECEMBER 9, 2019

To refresh your memory, angel investors are typically high net worth individuals, accredited by the SEC and willing to invest their own money in a high-potential startup for a share of the ownership. In reality, the most successful funding decision I still see is called ‘bootstrapping,’ or self-funding.

Non-disclosure Agreement 299

Non-disclosure Agreement Angel Investor Bootstrapping SEC 299

Gust

JUNE 17, 2012

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. Following is my prioritized larger list of sources, with some “rules of thumb” which may save you a lot of time and energy: Bootstrapping. Friends and family.

Technical Review 164

Technical Review Bootstrapping Venture Capital Incubator 164

Startup Professionals Musings

MAY 21, 2023

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These days, the costs to start a business are at an all-time low, and over 80% of startups are self-funded (also called bootstrapping).

Equity 266

Equity Startup Small Business Administration SBA 266

Hippoland

OCTOBER 18, 2018

Should you raise money or bootstrap? (By By bootstrap, I actually mean raise < $250k from individuals / angels). Having run a startup that raised money and now in running a VC, ironically, if I were starting a product company today, I would start out with the mentality of bootstrapping for as long as I could.

Bootstrapping 48

Bootstrapping Cap Table Salary .Net 48

Startup Professionals Musings

SEPTEMBER 16, 2010

The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of e-commerce today. I give this advice all the time “launch fast and iterate.” Life is more fun that way.

Cost 220

Cost Startup Hosting Bootstrapping 220

Startup Professionals Musings

AUGUST 29, 2020

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These days, the costs to start a business are at an all-time low, and over 80% of startups are self-funded (also called bootstrapping).

Equity 436

Equity Small Business Administration SBA Syndicate 436

Startup Professionals Musings

MARCH 16, 2016

People are even talking about “decacorns" -- investable companies with net worth now exceeding $10 billion -- like Dropbox and Pinterest. This term is currently applied to recent startups who profess a current valuation which exceeds $1 billion. Prime examples include Uber, Airbnb and Snapchat. Could your startup be the next one?

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Startup Professionals Musings

MARCH 1, 2010

For example, with any outside investment, you give up some ownership and control, and with bootstrapping you growth curve will likely be longer and more organic. Following is my prioritized larger list of sources, with some “rules of thumb” which may save you a lot of time and energy: Bootstrapping. Friends and family. Angel investors.

Technical Review 149

Technical Review Bootstrapping Startup Venture Capital 149

YoungUpstarts

JULY 21, 2019

If you haven’t been able to save up for your capital, consider bootstrapping your business. Getting a proper insurance policy for you, your employees, and your business will also serve as a safety net. If you’re thinking of taking out a loan to jumpstart your business – think again. Create Marketing Partnerships with Other Startups.

Software Review 191

Software Review Entrepreneur Cost Cofounder 191

Startup Professionals Musings

APRIL 23, 2013

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Take little to no net profit.

Equity 241

Equity Bootstrapping Startup Merger 241

Feld Thoughts

JANUARY 2, 2014

” I bootstrapped my first company and, while we did a lot of work for VCs, I liked taking money from them as “revenue” (where they paid Feld Technologies for our services) rather than as investment. Amy likes to remind me that when I was an entrepreneur, I used to regularly give talks at MIT about entrepreneurship.

San Francisco 159

San Francisco Boston Venture Capital Angel Investor 159

Up and Running

JULY 1, 2015

Bootstrapping. Many entrepreneurs use bootstrapping, which means financing your company by scraping together funds in unconventional ways. Here are some popular ways of bootstrapping your business. No matter what your idea is, one of these options is likely to be a perfect fit for your new business’s cash needs.

Bootstrapping 60

Bootstrapping Angel Investor Venture Capital Finder 60

Berkonomics

AUGUST 3, 2023

Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds. It might be useful to list some of the ways in which you can raise money for growth with and without outside investors. It’s an option, even though an expensive one

Private Equity 118

Private Equity Valuation Cap Table Accredited Investor 118

YoungUpstarts

JUNE 5, 2019

They need to have a net worth of at least $1 million or a minimum annual income of $200,000. Self-funding or “bootstrapping.”. For those who want to bootstrap their fintech company, relying on their own money rather than the investments of others, there are options. Not just anyone can be an angel investor, though.

Angel Investor 113

Angel Investor Accredited Investor Bootstrapping Boston 113

Tim Keane

MARCH 9, 2011

Can you bootstrap your way to positive cash flow?   If the answer is relatively soon, then bootstrapping is a very serious consideration.    Even if it isn’t soon, early bootstrapping can reduce risk and increase chances for success, resulting in more aligned interests for entrepreneurs and investors.

Finance 83

Finance Bootstrapping Startup Equity 83

Startup Professionals Musings

FEBRUARY 4, 2019

The net value of this solution from the customer’s perspective. In my experience, existing customer habits and loyalty will minimize customer movement to a new offering which offers a net savings of 20 percent or less. Another investment barrier is good social solutions which appeal only to people with little money.

Intellectual Property 183

Intellectual Property Cofounder .Net Bootstrapping 183

crowdSPRING Blog

JANUARY 25, 2010

We did adjust our own funding strategy to accommodate our location and decided early on that VC money was not for us in the seed round and that we would pursue high net-worth individuals to join us (see my post from last year “ Thoughts for small businesses and startups on raising capital “).

Chicago 81

Chicago Silicon Valley Bootstrapping Entrepreneur 81

Version One Ventures

JULY 22, 2014

First, there will be a consolidation in the accelerator space, with the net effect of reducing the number of available spaces for start-ups. That’s okay: many great companies have been built by bootstrapping. News Angel investor AngelList Bootstrapping funding Seed money Series A round Startup company venture capital'

Finance 167

Finance Seed Money Bootstrapping Angel Investor 167

Hearpreneur

AUGUST 28, 2022

Not only is she the CEO of one of the largest graphic design companies in the world (Canva), but she was also the founder – and she has led it to a net worth of over $55 billion. I consider Melanie Perkins to be very successful. To me, he has always stood as a great example of the American Dream. Carnegie came to the U.S.

Entrepreneur 115

Entrepreneur Green Cofounder Trinidad 115

Austin Startup

DECEMBER 17, 2017

I will always remember his pre-speech pep talk: “Dyer, your entire net worth rides on not screwing this up.” Or, will you be guilty of depriving the VC community of well deserved gains, like the good folks at MailChimp and Kendra Scott seem to have done with their bootstrapped unicorns? I got the message. May you be disturbed.

Silicon Valley 48

Silicon Valley Atlanta Software Review Early Stage 48

Startup Professionals Musings

OCTOBER 10, 2018

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These days, the costs to start a business are at an all-time low, and over 80% of startups are self-funded (also called bootstrapping).

Entrepreneur 240

Entrepreneur Equity Small Business Administration SBA 240

The Startup Magazine

JUNE 17, 2019

Bootstrapping means trying to get the company running without depending on outside investors nor paying vendors and suppliers for anything during your launch. Using equity in your home is a great way to bootstrap your business before you ask for friends and family money or go to angel investors to raise capital for your startup.

Equity 71

Equity Bootstrapping Angel Investor .Net 71

A Smart Bear: Startups and Marketing for Geeks

JANUARY 13, 2015

Suppose the goal of this particular company is to achieve $1m in annual revenue for a two-person bootstrapped startup, with a goal to be so efficient as to never have to hire employees, and therefore produce a terrific little business that nets each of them a few million dollars over the next ten years.

Business Model 120

Business Model Affiliate Startup Bootstrapping 120

Startup Professionals Musings

OCTOBER 12, 2014

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These days, the costs to start a business are at an all-time low, and over 90% of startups are self-funded (also called bootstrapping).

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

Up and Running

JULY 14, 2015

The net effect of raising too little funding is that the company runs out of money and all growth comes to a grinding halt. See Also Should I Borrow Money, Seek Investment, or Bootstrap My Business? It will lead to inadequate validation of your proposition, or to executing growth initiatives that do not materially move the needle.

Technical Review 60

Technical Review Valuation Due Diligence Finder 60

The Next Web

FEBRUARY 27, 2014

Freshman are a piece of paper to beta site (bootstrap financed—raise $50K to $500K). In terms of techniques investors use to value your business, investors will study things like: revenue, cash flow or net income multiples from recent financings in your industry. The valuation techniques.

Valuation 167

Valuation Forecast Seed Stage .Net 167

This is going to be BIG.

MARCH 1, 2010

Content companies, for example, should be able to amass traffic and sell advertising on a bootstrapped budget before they come close to seeking equity financing—because you can, and because that’s the market expectation and that’s what your competitors are already doing. > Office rents?

New York City 113

New York City New York Startup Burn Rate 113

Berkonomics

JUNE 8, 2017

Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. It might be useful to list some of the ways in which you can raise money for growth with and without outside investors. It’s an option, even though an expensive one.

Private Equity 106

Private Equity Valuation Cap Table Accredited Investor 106

Startup Professionals Musings

SEPTEMBER 25, 2016

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These days, the costs to start a business are at an all-time low, and over 90% of startups are self-funded (also called bootstrapping).

Equity 120

Equity Small Business Administration SBA Syndicate 120

ReadWriteStart

SEPTEMBER 9, 2019

We bootstrapped the company, operating in a break-even cash flow environment. We reached out to high-net-worth individuals and small funds. McKee: We’re a payroll software company, but we spun out of a traditional payroll firm. That initial structure didn’t allow for us to bring in an equity growth investment.

Venture Capital 105

Venture Capital Equity SBA Finance 105

YoungUpstarts

FEBRUARY 20, 2015

Angel investors are accredited investors who have a net worth of at least $1 million and are willing to give investment money to help fund your business. Bootstrap it or moonlight. Utilize your connections to help get funding from those who were in the same position you are in now.

Small Business 100

Small Business New York City Accredited Investor New York 100

David Teten

AUGUST 19, 2019

Our wheelhouse is bootstrapped (or lightly capitalized) SMB SaaS. Founder Earnings = Net Income + any amount of founders’ salaries over a certain threshold. In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Hearpreneur

DECEMBER 8, 2019

What makes me really proud though is we’ve been 100% bootstrapped for our 3.5 That’s when I started looking into other means to make money as a safety net and when I learned about blogging. years of existence, and with the launch of a series A investment in 2020 I can only imagine how far we’ll go. 3- Publishing a book.

Entrepreneur 117

Entrepreneur Technical Review Vertical Las Vegas 117