Why We're Not Raising Funds

Re:Why We're Not Raising Funds by nvk on Tuesday March 31, 2015 @10:48AM (#9296563)

It really resonated with me, at Coinkite.com we chose to bootstrap and have been turning away offers for 18 months now. I'm not fully opposed to taking money, It's just been great to focus 100% of our time on Product.

We've managed to get 160,000 active wallets (funded), 1000+ devs using the API, 8000 debit cards and terminals in over 30 countries with very little money.

it's amazing how far you can stretch your own money specially if your business has some revenue form day one.

I don't rule out eventually raising for accelerating growth.

_Note: I'm a terrible ESL writer._

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Re:Why We're Not Raising Funds by jxm262 on Tuesday March 31, 2015 @11:01AM (#9296661)

Reading your comment is a huge inspiration to me. Do you plan to do any writeups/blog posts of your experience. I love to hear stories from successful bootstrapped companies. I too would love to start something in the bitcoin space :)

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Re:Why We're Not Raising Funds by nvk on Tuesday March 31, 2015 @11:34AM (#9297004)

The main thing I can say is build something and charge for it, if people are willing to pay, you might have something :)

I'm a terrible writer, so unlikely, but happy to chat anytime. We are not "successful" yet, long road ahead. Look for @nvk on twitter, can give you my email there.

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Re:Why We're Not Raising Funds by MateuszMucha on Tuesday March 31, 2015 @11:48AM (#9297184)

I'd love to hear about your experiences, too. Hope you can change your mind.

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