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Bootstrapper’s paradox (Justin Jackson)

2 pointsby theunixbeardover 6 years ago

1 comment

theunixbeardover 6 years ago
In this post, Justin reveals that the founding myth of Basecamp has had an important part of it left out --- that Jeff Bezos personally bought a small equity stake which made both DHH and Jason Fried millionaires.<p>This is what gave them the ability to say no to VC offers and continue to bootstrap their business.<p>Since Basecamp is one of the most famous bootstrapping stories, hearing the &quot;entire story&quot; is important.<p>Justin then did an excellent follow up discussion where he went into greater depth about these &quot;omissions&quot; in other bootstrapping stories on the TropicalMBA podcast:<p><a href="http:&#x2F;&#x2F;www.tropicalmba.com&#x2F;costofbootstrapping&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.tropicalmba.com&#x2F;costofbootstrapping&#x2F;</a>