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by danieltillett 3806 days ago
Sure the startups that make the most noise are typical VC backed businesses. The ones you don’t hear about are the ones where the founders control 100% of the business, are in highly profitable niches, and where they make a few million a year in profit which they get to keep.

These type of businesses get very little press, but they are very good to own and run - I of course know nothing about them :)

1 comments

PlentyOfFish is a good example of this. http://www.businessinsider.com/how-markus-frind-bootstrapped...

Though by the traditional silicon valley definition of startup, the ones like you describe can be labeled something like lifestyle businesses, solopreneur ventures, etc. I think people like Chris Guillebeau (The $100 Startup), Jason Fried / DHH (blogs and books), and Marco Ament are successful people to read that are also good examples of starting businesses this way. Maybe even Tim Ferriss (4HWW).