My Sixth Year as a Bootstrapped Founder

Re:My Sixth Year as a Bootstrapped Founder by tgtweak on Friday February 16, 2024 @01:37PM (#39401139)

That is true, and you would assume that if he sold he would either work retained and draw a salary or hire someone at a fair cost.

I think the company is too early to realistically sell - but I don't think the value today is zero - it's likely worth at least 2x revenue today given growth potential.

Look at lantronix (nasdaq:ltrx) - the company that makes the "spider" product line - the original strap-on oob/ipmi. Worth $160M while doing $120M of revenue and losing $9M/year.

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Re:My Sixth Year as a Bootstrapped Founder by throwaway2037 on Sunday February 18, 2024 @02:38AM (#39417019)

I am disappointed that NASDAQ and US securities regulators allows companies without audited profits to go public. "Worth" 160M? Not to me.

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