Back
Gangesh Rameshkumar
Figure it out • 3m
Term of the day: Bootstrapping Ever wondered if a company can scale big without external funding? That's exactly what a bootstrapped business tries to achieve! When an entrepreneur goes all in and tries to grow his company without any financial assistance from the outside, it means their business is bootstrapped. Founders typically try to bootstrap when they want to maintain control over their company. On the downside, there might be times when the financial strain they face might tip them over the edge There are quite a lot of companies that have grown to be behemoths in their respective industries without raising money from investors. Zoho Corp is one of the best examples of a bootstrapped business in India. Few others are Mojang Studios (The creators of Minecraft), JetBrains (Enterprise Software Developer), Hewlett-Packard (I don't think there is anyone who doesn't know hP), and much more
Replies (1)
More like this
Recommendations from Medial
Ishan
i think , therefore ... • 1y
Somebody recently asked me a question that what is a bootstrapped company so , I thought that many people out there doesn't know about a bootstrapped company. So here's a quick information, A bootstrapped company is a company who's equity is complete
See More
Download the medial app to read full posts, comements and news.