Re:Ask HN: Early startup valuation for acquihire?
by jwatte on Sunday July 12, 2015 @06:17PM
(#9875234)
I'm more used to three previous definition. I would say those companies have tried to bootstrap, but bit successfully achieved it. Of you are a successfully bootstrapped business, you achieved goals without taking outside investment money.
"We've bootstrapped the company so far, but we don't think we will ship a MVP without taking at least a seed round" wouldn't draw any protests of misuse, in my experience.
You are correct that most bootstrapped companies that have launched end up supporting themselves; that's survivor bias in action.