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Startup Revenue Milestones

K9 Ventures

And in order to do that they need to either raise capital to be able to hire a team by paying them real dollars or recruit co-founders who are willing to share the journey based on the equity stake and bootstrap the company. By carefully managing your burn rate and steadily growing revenue, you can now survive — almost forever.

Revenue 48
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ProfessorVC: Is it the Horse or Jockey?

Professor VC

Hvide analyzed 6,800 companies that started between 1996 and 2003 in Norway. Bootstrapping 101. Evidence from Nascent Firms where a Founder Dies" in an attempt to quantitatively answer this question. Out of the 12,500 founders of these firms, 181 (1.7%) die at some point between starting up the firm and the end of 2005 (Hvide 6).