Re:Market is the most important factor in a startup's succes...
by alisonkisk on Saturday May 01, 2021 @04:35PM
(#27009584)
Sounds like you didn't use money to hire staff and tools to accelerate progress.
Re:Market is the most important factor in a startup's succes...
by ganeshkrishnan on Sunday May 02, 2021 @10:46AM
(#27015731)
are you just building stuff and asking customers if they really need it and would pay for it?
My startup is growing 5% every week for last 6 months and it took me 3 years to get here. If my bank account was bigger I could have done it in an year. and because I am bootstrapped I am losing my amazing tech team to highly funded companies that can give them 3x salary and stock options
Bottleneck is that the market moves on in the time you spend pivoting, and eventually your inside information about what's hot and what's worth building gets stale, along with your technical skills. I know a number of other entrepreneur/retirees in the same boat - 5+ years working on various ideas, often after having a previous exit - and it never seems to result in a big company.