A Smart Bear: Startups and Marketing for Geeks
NOVEMBER 5, 2014
Even bootstrapped businesses can make this work (e.g. Often bootstrapped companies of this type boast about having no marketing or sales departments, but the truth is they can’t afford it, and those companies typically grow slowly, often eclipsed by companies who can afford to grow 10x faster. .” Think: GoDaddy).
Spencer Fry
APRIL 17, 2017
Days before the conference started, I was asked (and felt honored) to lead two workshops on bootstrapping vs. raising money. Having started and sold 3 successful bootstrapped businesses, and am now running 1 venture capital backed business ( Coach ), this is a topic I know a thing or two about. What's “good” about bootstrapping.
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A Smart Bear: Startups and Marketing for Geeks
APRIL 11, 2017
I started WP Engine in a boom (2010) and it went great. Instacart might be a good idea in 2017, but Webvan wasn’t a good idea in 2000. Whether you’re bootstrapping like I did with Smart Bear or raising tens of millions of dollars as we did at WP Engine, this is the right question.
A Smart Bear: Startups and Marketing for Geeks
OCTOBER 23, 2012
invested, IPO’ed in 2000 for $32/share — stock price now $2. GroupOn’s engine that turned capital into revenue growth was a form of force-feeding rather than building a product). Note that some of those companies were bootstrapped, some bootstrapped and took money later, and some had huge funding from the start.
Startup Professionals Musings
DECEMBER 26, 2013
That is a 65% increase in the number of IPOs over 2012, and the highest proceeds raised since the year 2000. No wonder 90% of the successful startups still bootstrap. According to a report just out, a record 156 operating companies went public in the U.S. in 2013, with aggregate proceeds of over $38 billion.
Startup Professionals Musings
JULY 19, 2015
Last year was the most active year for IPOs in the United States since 2000. No wonder 90% of the successful startups still bootstrap. Thus a record number of entrepreneurs (and employees) are getting rich. Initial Public Offerings (IPO) are back as an exit strategy. Cost of entry for a startup is at an all-time low.
Reid Hoffman
MARCH 19, 2019
Google realized that being the way to find the world’s information was a blitzscalable market, thanks to the network effects in its AdWords revenue engine. Yet despite literally patenting ride-hailing in 2000, his own venture, Sidecar, lost out to the more aggressive scaling of Uber and Lyft.
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