Re:How we bootstrapped our SaaS to $1M ARR
by jjeaff on Friday January 21, 2022 @11:33PM
(#30033599)
I think some people would not consider it bootstrapped if you have any outside loans. Usually bootstrapped means you funded the growth of the business with it's own revenue only. While small loans wouldn't matter much, to me, if someone gets a small million dollar loan from their daddy to start the business, it's not bootstrapped.
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Re:How we bootstrapped our SaaS to $1M ARR
by codegeek on Saturday January 22, 2022 @10:29AM
(#30037498)
Yes million dollars from daddy is not a real loan so i would call that free money or an investment which can be lost without conseiqences. A real loan from a bank with personal guarantee on one he other hand is very different.