News for hackers. Stuff that matters.
Re:How we bootstrapped our SaaS to $1M ARR by BBC-vs-neolibs on Friday January 21, 2022 @11:37AM (#30025928)
So if I start with $1M of my own money, is it bootstrapped?

If family (with fuzzy conditions) ponied up $250k, is it bootstrapped?

Re:How we bootstrapped our SaaS to $1M ARR by Bjartr on Friday January 21, 2022 @12:49PM (#30027132)
$1M of your money? Yes

$250k from immediate family, if said fuzzy conditions don't confer any ownership or repayment? I'd say just barely yes (it's basically a gift to you at that point, which is then your money)

$250k from a third cousin in return for equity? No.

Being bootstrapped isn't an ungameable category, but it is a fairly unambiguous one IMO.