Genuine VC

SEPTEMBER 18, 2014

When Chad Pytel introduced me to Bryan Helmkamp , CEO/Co-founder of Code Climate , I knew that I had to pay attention. The stats behind what Bryan and the team had accomplished while bootstrapping the business were incredible, including signing up over 1,000 paying accounts and analyzing over 30,000 code repositories EVERY DAY.

Software Review 191

Software Review Chad Ruby PHP 191

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Most founders bootstrap product development. Most technologists have little interest in the mechanics of starting and building a business. Fabulous solutions require great technology.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Bigfoot Capital. Key elements: .

Revenue 60

Revenue Technical Review Software Review Equity 60

startupbaltimore.org

OCTOBER 23, 2010

Finding a Technical Cofounder by Mike Subelsky on September 17, 2010 Advice View Comments Over the past 18 months I’ve had the same conversation with about ten entrepreneurs looking to start a software-based business. As Dave Troy put it, it all boils down to this: “In Entrepreneurial Ecosystems, Cofounders Find You!&#

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Technical Cofounder Cofounder Baltimore Maryland 40

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. She and original cofounder Megan Bradford poured their proverbial blood, sweat and tears into this enterprise. What about bootstrapping? Their latest product, Statdragon, launched just last week.

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Bootstrapping Cofounder Portland Burn Rate 107

YoungUpstarts

JULY 21, 2019

If you and your co-founder(s) are friends, why not work on your home instead? If you haven’t been able to save up for your capital, consider bootstrapping your business. Now, they run co-branding campaigns that are even bigger than before. Don’t have the money to rent a good office space yet? Stay online.

Software Review 191

Software Review Entrepreneur Cost Cofounder 191

www.readwriteweb.com

OCTOBER 7, 2007

This is typically called “bootstrapping&# and it is fraught with potential pitfalls and dangers. But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. What is bootstrapping? Why bootstrap?

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Bootstrapping Offshore Startup EC2 41

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). Financing Some Jobs Act Proposals Make Headway.

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Sweat Equity Equity Fractional CTO CTO 55

Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Bootstrapping, saving funds over years, borrowing from friends and family, taking out a bank loan and pitching investors are all viable options, but some will work better than others for your specific business. .

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Finance Sweat Equity Bootstrapping Entrepreneur 92

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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Bootstrapping Cap Table Liquidation Preference Cofounder 63

Both Sides of the Table

FEBRUARY 20, 2012

Tracy DiNunzio isn’t your typical Silicon Valley startup founder. She found non-traditional financing. Without this money she wouldn’t have been able to finance operations. And through this industry legitimacy she was able to get the ear of Dany Levy, the co-founder of Daily Candy. She never gave up.

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Silicon Valley Cofounder Entrepreneur Startup 363

venturehacks.com

FEBRUARY 24, 2010

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision. One founder companies can work, against the odds (hello, Mark Zuckerberg).

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

Hearpreneur

MARCH 21, 2021

My co-founder, Paul Pirner and I were old friends and craft beer lovers who had each decided (independently of one another) to adopt an alcohol-free lifestyle. Now, we have a well-calculated formula for launching businesses that are 100% bootstrapped with a very small amount of initial capital. 13- To correct several things.

Entrepreneur 139

Entrepreneur Technical Review Acquisition Software Review 139

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. III: Why are Revenue-Based VCs investing in so many women and underrepresented founders?

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Equity Revenue Cofounder Colorado 78

Startup Lessons Learned

APRIL 14, 2009

It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. More on that in a moment. They are close to breakeven.

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Customer San Francisco Lean Hockey Stick 167

www.inc.com

JULY 9, 2010

Ive done a lot of placing people into positions, and I have never used a job board as a way to do that," says Rich Sloan , co-founder of StartupNation. Every type of business has their own meetings," says Martin Zwilling , founder and CEO of consulting group Startup Professionals. 500|5000 The 2010 Inc. 1 way to recruit talent.

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Intellectual Property Los Angeles San Francisco New York 55

YoungUpstarts

JANUARY 11, 2017

by Karla Friede, CEO, co-founder, and member of the Board of Directors at Nvoicepay. Earlier this month, my co-founders and I raised our sixth round of venture capital funding for Nvoicepay. That may mean bootstrapping from your own savings, or getting money from friends, family, or angel investors.

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Cofounder B2B Early Stage Venture Capital 100

www.mint.com

MARCH 9, 2010

However, a perfectly acceptable—and perhaps even better—answer is that there are no investors other than the founders, and the plan is to bootstrap the company as long as possible. But you should beware of boards that are only the founders and their family and friends. Check out the personal finance topic by clicking here.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

ReadWriteStart

MAY 8, 2012

Gina Mancuso , Founder and CEO of LoveThatFit. Avichal Garg , Co-Founder and CEO of Spool. Justin Beck , Co-Founder and CEO of PerBlue. Prerna Gupta , Co-Founder and CEO of Khush Inc. For over a year, we bootstrapped because we couldn’t raise funding. Follow your instinct when finding a fit.

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Cofounder Startup San Francisco Silicon Valley 140

Reid Hoffman

DECEMBER 17, 2019

But to paraphrase Winston Churchill, venture capital is the worst method for financing scaling startups except for all the others. One of the conversations I had with Wences Casares (founder and CEO of Xapo ), during this trip to Patagonia, reinforced my belief in the necessity of venture capital. The industry certainly has many flaws.

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Venture Capital Cofounder Silicon Valley Government 36

Feld Thoughts

JUNE 17, 2015

million Series B financing. We’ve been on a wonderful ride with them ever since we led their first financing – a $10 million round – in October 2013. My partners and I have a massive founder crush on Eric Gundersen, the CEO of Mapbox. This morning, Mapbox announced a $52.55

API 70

API Cofounder Bootstrapping Algorithm 70

The Startup Magazine

OCTOBER 14, 2022

For the next entry in The Startup Magazine’s founder interview series , we are featuring Alejandro Russo, founder of Candela Mamajuana. After first working in banking and finance, Alejandro started and exited two other businesses before bringing his marketing and branding expertise to Candela. Alejandro: Just jump in.

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Dominican Republic Founder Florida Bootstrapping 147

Reid Hoffman

MARCH 19, 2019

The founder of early internet startup Freeloader (acquired for $38 million in 1996) and anti-spam company Brightmail (acquired for $370 million in 2004), Paul went on to pioneer the ride-hailing space. In other words, what percentage of sales are available to pay for growth, and to reward investors for financing that growth.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Up and Running

JUNE 26, 2013

Bootstrapped, lean and already providing (in a small way at least) for the needs of my family and that of my co-founder. Business Planning Finance business accelerator failure startup tech' The day we set foot into the doors of the accelerator, we had a business that DHH would be proud of.

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Hockey Stick Entrepreneur Startup Bootstrapping 72

Up and Running

MAY 23, 2016

“If you can fix a problem for someone and do it better, quicker, and/or cheaper than your competitor, you’re off to a good start.” – Gabriel Kuperman, founder and CEO of CuePin. We created UpKeep to fill this void—a cloud-based solution that was affordable for any size business.” – Ryan Chan, founder of UpKeep.

Software Review 74

Software Review Software Delaware Forecast 74

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. I think another thing you wanted to talk about was the whole keep bootstrapping or raise money question. Edwin: I know. Jason: Yeah.

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Technical Cofounder Cofounder Software Review Management 220

Professor VC

SEPTEMBER 16, 2010

Bootstrapping 101. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. I also teach Entrepreneurial Finance at San Jose State. Survey says VC's invest on Gut Instinct. ► July. (1). ► May. (1). ► March. (1).

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Technical Review San Jose Angel Investor Silicon Valley 38

Up and Running

OCTOBER 24, 2017

You never know—you may just get a potential investor out of it like Michael Litt , co-founder of Vidyard. However, most entrepreneurs do eventually need investments from external sources, and can’t rely on bootstrapping forever. Many seasoned entrepreneurs are happy to share their knowledge and opinions—you just have to ask!

Entrepreneur 135

Entrepreneur Venture Capital Angel Investor Campaign 135

Up and Running

APRIL 1, 2015

David Daneshgar, Gregg Weisstein, and Farbod Shoraka, the founders of BloomNation.com. But, of course, they need funding—and wouldn’t you know it, one of the founders is a world class poker player. So, from the consumer end, the founders believed they could do better. Creating a better experience for both florists and consumers.

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Venture Capital Startup Cofounder Chicago 60

ReadWriteStart

NOVEMBER 16, 2010

But you don't have any lords and masters to answer to and the pay out goes entirely to the founders and management team. The big enterprise software companies almost all bootstrapped their way to profitability before they got their first external investors (typically via an IPO). Photo by LotusHead. So VCs will need to invest.

Software 127

Software Startup Architecture Bootstrapping 127

K9 Ventures

MAY 28, 2015

In my discussions with K9 portfolio founders about scaling revenue, I very often end up drawing the same picture: $0/month. One of my favorite people to work with as a co-investor is Ann Miura-Ko from Floodgate. When a company reaches this level, the founders are often tired and want and need a well deserved break. 100K/month.

Revenue 48

Revenue Startup Burn Rate Cofounder 48

YoungUpstarts

AUGUST 16, 2016

by Evan Varsamis, Founder/CEO at Gadget Flow Inc. Myself and my co-founders were just a bunch of young upstarts with a big idea. The capital earned in the agency was used to bootstrap the progression of the key business we wanted to launch. I always encourage entrepreneurs to get creative with sourcing finance.

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Greece United Kingdom Ukraine Philippines 100

Austin Startup

DECEMBER 20, 2010

The team has already secured nearly $2 Million in Series A financing from Mike Maples new firm FLOODGATE, and Austin Ventures. Q: Your co-founders have been working on some technology in their spare time. Some started with funding and some were bootstrap. You can’t discount serendipity and relationships.

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Curation Austin Cofounder Ruby 118

Professor VC

DECEMBER 26, 2012

For those readers not already familiar with this concept, it refers to the bottleneck for Series A financing created by the increasing number of seed financings and constant number of Series A financings. in seed financing? Alas, we survived 12/21 and looks like we will have to get back to work in 2013. HELL YES!!!

Finance 48

Finance Angel Investor Private Equity Preferred Stock 48

SoCal CTO

SEPTEMBER 8, 2010

He blogs to 10,000 web entrepreneurs at Software by Rob and co-hosts the podcast Startups for the Rest of Us. Before I get into the details for founders, let me talk about options-hungry employees. You can bootstrap your way into existence. Product Friday: Monetizing Content is a Product Problem - This is going to be BIG.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

www.readwriteweb.com

OCTOBER 18, 2010

So, please note the TAM Analysis is a vitally important aspect of building any financing strategy. He needs to generate enough profit so that he can grow organically and build his business systematically, and without expecting a lot of outside financing. Raymond is wondering why he cannot attract financing.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

So, please note the TAM Analysis is a vitally important aspect of building any financing strategy. He needs to generate enough profit so that he can grow organically and build his business systematically, and without expecting a lot of outside financing. Raymond is wondering why he cannot attract financing.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52