|
|
|
|
|
by rizz0
2226 days ago
|
|
I bootstrapped a company and I believe the decision to remain self-financed contributed to a more tightly knit culture with more T-shaped roles than you’d typically see in venture-backed companies. We could have raised money but the reason we didn’t had something to do with both me and my team desiring a certain degree of learning and freedom to operate in fields where we have intrinsic motivation. It might or might not have happened simultaneously, but I remember reading that one of the founders of Basecamp, a company famous for being mostly bootstrapped, created Ruby on Rails around the same time. I believe it can be done in different ways, also in ways more sustainable ways than the examples of Jobs and Musk that you’re referring to. |
|