boostrapping

  • How We Bootstrapped A SaaS Company To 4 Million Users — And Why Google Owes Us €400,000 Crunch Network

    How We Bootstrapped A SaaS Company To 4 Million Users — And Why Google Owes Us €400,000

    At 7 PM on February 7, 2007, MindMeister went live in private beta. Today, we have almost 4 million users worldwide, and have become the market leader in online mind mapping. It’s a story we haven’t told often (too busy working, I guess), but we think it has a few valuable lessons for SaaS founders, especially the ones interested in bootstrapping a profitable business. Read More

  • Chop-Shop Workers and Bootstrappers: Chile Really Wants You

    Chop-Shop Workers and Bootstrappers: Chile Really Wants You


    Silicon Valley’s vitality depends on a constant influx of bright people who challenge its inhabitants to work harder and think smarter. And, as I noted in my last post, America’s economy depends on startups to create jobs and innovation. Skilled immigrants have provided both. So, given the miserable state of the economy, we should be laying out the welcome mat for the… Read More

  • Ditch the Biz Plan, Buy a Lottery Ticket

    Hardly a day goes by when I don’t have a rookie entrepreneur ask for advice on raising money from VCs. They usually have a fancy-looking business plan with detailed spreadsheets showing how their company will be worth billions by capturing just 1% of a market. All they need is some financing, and they’ll take the world by storm. My advice is always the same: ditch the business… Read More