MailChimp’s Bootstrapping Journey: From Garage to $12B 🚀
The Problem:In 2001, Ben Chestnut and Dan Kurzius started MailChimp as a side project. No VC funding, just a small web design agency struggling to meet client demands for email newsletters.
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Arslan
Business owner | Bus... • 4m
Everyone wants FUNDING
Lets address the Elephant in the room
Funding ≠ Success
💰Myth:More funding=guaranteed success.
Reality: 70% of startups fail despite funding in 2-5 years(ex:Byju's huge funding and name like SRK)
What matters more:
1️⃣Pro
Startups Are NOT Glamorous – Here’s What No One Tells You!
❌Myth 1: You need a unique idea to succeed.
✅ Truth: Execution matters more than the idea. Facebook wasn’t the first social network, and Google wasn’t the first search engine. They just exec
Ever wondered what happens before a startup secures funding? Let's deconstruct it
Valuation is key in funding rounds – is it art or science? For early-stage startups, it's a mix.
Common Valuation Methods:
DCF: Future cash flows discounted to present
Mailchimp's Bootstrapped Success Story
How does a side project become a multi-billion dollar company without a single penny of outside investment?
I'm about to share the inspiring journey of Mailchimp, a testament to the power of patient growth.
✅
How a Bootstrapped Startup Grew to a $12 Billion Exit
This is Mailchimp, a 2001 startup by Ben, Mark, and Dan, which was started as a side hustle to support small businesses with email marketing.
It was a basic paid tool that let you send emails to
Found this amazing VC vs Bootstrap Analogy! Give it a read.
VCs sell you dreams.
But bootstrappers build wealth today.
Turning down every investor pitch for 12 years to bootstrap to $5M ARR has proven to be the best bet of my journey.
Here's the
Yesterday, Third Wave Coffee announced plans to open an 50 more stores.
⏩Lead Investors include: WestBridge Cap., Creaegis, Redbrook.
⏩Total Funding: $62 M, Last round- Series C: $35 M
At present, Third Wave Coffee has 107 stores.
Blue Tokai Coff
We don’t want to raise funds to become a “funded startup.”
We want to raise because our business demands it.
This isn’t about vanity rounds or valuation buzz.
It’s about meeting the insane demand we’re already seeing on the ground.
📦 ₹90L+ in reve