Remove 1996 Remove Bootstrapping Remove Customer Development Remove Finance
article thumbnail

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. Note that some of those companies were bootstrapped, some bootstrapped and took money later, and some had huge funding from the start. It’s not about the financing path, it’s about what you’ve decided to build.

IPO 240
article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

Since the term “cloud computing” was coined in 1996—at least as we have come to understand its meaning—the software as a service industry has exploded. Step 5: Get financed. You could bootstrap your startup and do most of the tough legwork on your own, perhaps while you hold down another job. Domain Names and Trademark Law.