My mind to me a king... • 4m
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. The Action: Bootstrapped Growth : Reinvested profits into product development. Focus on SMBs : Targeted small businesses ignored by enterprise-focused tools. Freemium Model : Launched free tier in 2009 → exploded user base from 85k to 450k in 2 years. Customer Obsession : Built features based on user feedback (e.g., drag-and-drop editor). The Results: -12M+ users globally by 2021. -$800M ARR with $1.3B EBITDA. -Acquired by Intuit for $12B—proof of bootstrapping success. Why It Worked: Lean Operations : No debt, no investors → full control. Scalable Pricing : Free → paid funnel worked wonders. Brand Loyalty : Playful tone + mascot (Freddie) = memorable. Key Takeaways: -Bootstrapping forces discipline but rewards patience. -Freemium can build trust and scale rapidly. -Solve real pain points, even if niche. Normie Error: Chasing VC money instead of proving the model first. Your Move: Audit your startup. Can you bootstrap smarter?
Building WelBe| Entr... • 5m
Do You Really Need Investors? Maybe Not! Fundraising vs. Bootstrapping – What’s Right for You? Bootstrapping (Pros & Cons) ✅ Full control ✅ No pressure from investors ❌ Slower growth Example: Mailchimp, Zoho, Basecamp – all built without investors
See MoreDirector & CEO @ Exc... • 1m
Rejected by a VC? Good. Here’s Why. Every “no” from a VC isn’t the end—it’s redirection. The best founders use rejection as fuel. Here’s how: Ask for Feedback – A “no” with insight is a hidden win. Refine Your Pitch – It’s not just your idea, it’s
See MorePassionate about Pos... • 4m
7 Costliest mistakes that firat time founders make Startups are inherently risky, so it's crucial to chase asymmetric risks—maximizing upside while minimizing downside. Many first-time founders make costly mistakes that can be avoided. Here are the
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