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Bootstrapping is thinking long, not small

5 pointsby awicklanderover 11 years ago

1 comment

mindcrimeover 11 years ago
I couldn&#x27;t agree more. I&#x27;m glad the OP took the time to write this up, as I&#x27;ve been thinking something very similar recently. In fact, as recently as earlier today, I saw some comment about bootstrapping that hinted at this &quot;bootstrapping == small&quot; thing.<p>Sorry, but that&#x27;s just wrong. TFA here nails it... going the bootstrap route doesn&#x27;t mean you don&#x27;t intend to build a billion dollar business, it just means that, if you do, you plan to do it on your schedule, not a VC&#x27;s. That&#x27;s it.<p>FWIW, we&#x27;re proudly bootstrapped &#x2F; self-funded at Fogbeam Labs, and anybody who knows me can tell you that I don&#x27;t do small dreams. As far as I&#x27;m concerned, we&#x27;re on our way to being a public company with a multi-billion dollar market cap. I can&#x27;t tell you when we&#x27;ll get there, but that&#x27;s the goal.<p>Now, that said... I don&#x27;t think &quot;bootstrapped&quot; or &quot;not bootstrapped&quot; is something that&#x27;s intrinsic and unchangeable. We haven&#x27;t taken any outside money yet, but I&#x27;m not saying we <i>never</i> will. We might do it tomorrow if the circumstances dictate that it&#x27;s the right thing to do, relative to our goals. Or maybe next year. Maybe never. Outside money is just a tool, like a screwdriver or an Open Source library... we may need that particular tool, we may not. If we do, we&#x27;ll use it. If not, we won&#x27;t use it just for the sake of using it.
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