The rise of the “successful” unsustainable company
A Smart Bear: Startups and Marketing for Geeks
OCTOBER 23, 2012
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. Support.com — On 2.5m invested, IPO’ed in 2000 for $32/share — stock price now $2.
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