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TAG: Operation
Bankruptcy
TheFunded.com Discussion
Posted by Anonymous on 2010-08-10
Tags: Operations Bankruptcy
Seeking Advice: Equity for Early Employees
TheFunded.com Discussion
Posted by Anonymous on 2010-08-10
Tags: Operations Early Stage Equity
An Article on Serial Entprepreneurs
TheFunded.com Discussion
Posted by Anonymous on 2010-08-08
Tags: Operations Article
Sales Tactics
TheFunded.com Discussion
Posted by Anonymous on 2010-08-06
Tags: Operations Sales
Feedback: Strange Behavior on Potential Acquirers Side
TheFunded.com Discussion
Posted by Anonymous on 2010-08-05
Tags: Operations Acquisition
Can an Internet Startup Function Without an Active Technology Founder?
TheFunded.com Discussion
Posted by Anonymous on 2010-08-04
Tags: Operations Technical Partner
Does Bootstrap Only Work for It Projects Thread Restart
TheFunded.com Discussion
Posted by Anonymous on 2010-08-04
Tags: Operations Bootstrap Fund Raising VC
Should a Startup Provide Severance Package to an Employee Getting Fired for Bad Performance?
TheFunded.com Discussion
Posted by Anonymous on 2010-08-03
Tags: Operations Firing
References to Patent Attorney with Flexible Payment Terms
TheFunded.com Discussion
Posted by Anonymous on 2010-08-02
Tags: Operations Attorney References
Law Firms
TheFunded.com Discussion
Posted by Anonymous on 2010-08-02
Tags: Operations Attorney Recommendations
Jalak Jobanputra, NYC Investment Fund, on Women Startups & Venture Capitalists
TheFunded.com Discussion
Posted by Anonymous on 2010-08-02
Tags: Operations Women Advice
Stock Options for India Team Members
TheFunded.com Discussion
Posted by Anonymous on 2010-08-02
Tags: Operations Stock Options India
Extended Series a Round as a Down Round Legal?
TheFunded.com Discussion
Posted by Anonymous on 2010-07-31
Tags: Operations Down Round Legal
VC's Negotiating Sale of Company Wihtout Your Knowledge What Do You Do?
TheFunded.com Discussion
Posted by Anonymous on 2010-07-30
Tags: Operations Acquisition VC
Setting CEO Salary
TheFunded.com Discussion
Posted by Anonymous on 2010-07-29
Tags: Operations Salary CEO
Start Ups Grumble about Directors Too Busy to Help
TheFunded.com Discussion
Posted by Anonymous on 2010-07-29
Tags: Operations Board Article
Etiquette & Logistics of Selling Founders Stock at Series a Round?
TheFunded.com Discussion
Posted by Anonymous on 2010-07-29
Tags: Operations Stock Series A
6 Reasons for Bootstrapping Before Accepting VC Money
TheFunded.com Advice
Posted by Gunnar Holmsteinn on 2010-07-28
Tags: Operations Bootstrap
When I first heard that we should "Bootstrap" it left a huge question mark on my face. I immediately thought about my statistics courses in the university; why in the world would my start up need to to derive estimates of confidence intervals for estimators of parameters of some statistical distributions. I actually thought about some of the R programs I wrote and started thinking how that could be applied. I eventually said that there was no need for that anytime soon, maybe a few years down the road. That left an even bigger question mark on the face of the guy I was chatting with.
It turns out that Bootstrapping is also a phrase in business finance. It's about keeping a tight fist on all your expenses and knowing that Cash Flow is more important than your mother. Something we've always been keen on doing but never had the correct lingo for it. In the past two years, we've put a huge emphasis on doing stuff that people, especially the people that pay us, like. The team has been very focused on organic growth and building our company the way we want.
In my mind, starting with little to no cash and working your way up is a very healthy start for a young company having to figure out how to make a great product.
Here are my Top 6 reasons why I think it's important to start by bootstrapping:
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