Re:Ask HN: I want to create a successful software company. W...
by nazz on Sunday November 05, 2017 @05:15PM
(#15632010)
Thank you. This is interesting. Is there somewhere to read about examples of each?
Re:Ask HN: I want to create a successful software company. W...
by codegeek on Monday November 06, 2017 @11:03AM
(#15636372)
Haven't found a lot myself but I came across this interesting article by a VC. Talks about the type of customers you need to go after depending on what you want to achieve.
http://christophjanz.blogspot.com/2014/10/five-ways-to-build...
1. Building a six figure revenue for solo bootstrapped founder. Work from anywhere, no team and make enough to live comfortably and travel the world.
2. Build a small company with 1-10 million in revenue. Need a small team for that. Possibly some Angel funding.
3. Build a 10+ million revenue company. Need bigger teams and possibly VC funding for quick growth.
4. Build a 100+ million revenue company. 1000s of employees. Almost definitely need VC funding.
5. Build the idea behind a company, create a product that shows tremendous traction and then SELL to another company. Profit for founders even though no real value created over a long time.
Take your pick. Each option may have a different path. I would love to be in the 4th one and still working on how to get there :)