Re:They thought they were joining an accelerator – instead t...
by morgante on Friday May 03, 2024 @03:59AM
(#40245309)
> Are you suggesting he used the money on marketing instead of product?
No, a lot of the marketing/hype just came from Naval and other influencers on Twitter.
> most well run bootstrapped companies can end up becoming successful small and mid level companies that make a decent money
"well run" is doing a lot of work here, but:
- Most bootstrapped companies fail, period.
- Most of them fail without anyone ever noticing they existed. It's very hard to break through the noise, and I know lots of companies/projects that failed without ever getting more than a handful of users.
No, a lot of the marketing/hype just came from Naval and other influencers on Twitter.
> most well run bootstrapped companies can end up becoming successful small and mid level companies that make a decent money
"well run" is doing a lot of work here, but:
- Most bootstrapped companies fail, period.
- Most of them fail without anyone ever noticing they existed. It's very hard to break through the noise, and I know lots of companies/projects that failed without ever getting more than a handful of users.