Re:How we bootstrapped a $1M ARR email client
by ZephyrBlu on Tuesday April 06, 2021 @06:13PM
(#26718015)
How is this not bootstrapping? Their other business was 'properly' bootstrapped and then they used the profit from that to start this one.
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Re:How we bootstrapped a $1M ARR email client
by purerandomness on Tuesday April 06, 2021 @06:47PM
(#26718344)
Then bootstrapping lost all its meaning.
I don't care where the investment came from, a VC, your dad, or someone being their own VC. If we start calling that bootstrapping, we need a new name for 'starting a profitable business with nothing but a 5 bucks VPS'.
It is not '1. Become a VC, 2. Invest in your own company.'
Re:How we bootstrapped a $1M ARR email client
by ZephyrBlu on Tuesday April 06, 2021 @07:18PM
(#26718566)
> starting a profitable business with nothing but a 5 bucks VPS
That is literally what they did with their first company...
This is no different to launching multiple products under the same company.
Re:How we bootstrapped a $1M ARR email client
by paxys on Tuesday April 06, 2021 @07:23PM
(#26718601)
So if Google launches a new product tomorrow would you say it was bootstrapped?
Re:How we bootstrapped a $1M ARR email client
by ZephyrBlu on Tuesday April 06, 2021 @07:36PM
(#26718702)
The question is moot because Google is so far away from the inception of the company.
These guys ran their first company for 1 1/2 years, then went full-time and seemingly focused most of their energy on this new product.
This is basically a pivot or new product. There are lot's of ways to frame this approach which are analogous to 'properly' bootstrapping.