Re:Why I Sold My Startup Instead Of Taking VC Money
by ryanevans on Friday November 30, 2012 @11:43AM
(#4853979)
Big congrats to Ross. It's very impressive to build a company to $1MM in a year. I wish we heard more stories like this. It's far more interesting to me than reading about Xero raising a bunch of money.
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Re:Why I Sold My Startup Instead Of Taking VC Money
by sayemm on Friday November 30, 2012 @04:31PM
(#4855566)
What I find interesting is that if you dig deeper into the outliers like Xero, you'll often find that the founder(s) behind it were far from being an overnight success story (although it's often interpreted that way when we read about it on hyped-up tech posts).
In Xero's case, the CEO Rod Drury started his first successful company, Glazer System, in 1995 and sold it in 2000; he finished undergrad in 1987 so he must've been around 30 when he started it and 35 when he finally had his first taste of success. And he was around 41yrs old when he started Xero (I'm basing this all off of his LinkedIn profile: http://linkedin.com/profile/view?id=122232).
We read that Ross is currently 29yrs old. And he seems like a smart guy and a capable entrepreneur. I bet you CraftJack definitely won't be his last venture, and who knows, we may very well see him working on a "Xero" a decade or two from now. This game only gets better with age and experience.
Re:Why I Sold My Startup Instead Of Taking VC Money
by tallross on Friday November 30, 2012 @11:47AM
(#4854002)
But then what would TC have to write about?!?!?! ;)
Re:Why I Sold My Startup Instead Of Taking VC Money
by startupstella on Friday November 30, 2012 @11:56AM
(#4854048)
amen. i think it's important for stories like this to make the rounds so people see that they have options rather then LETS RAISE MILLIONS OF DOLLARS RIGHT NOW OR FAILURE