[stephbook]

It actually starts with a completely unrelated anecdote:

"What do you even need funding for?"

I agree. The author claims to have multiple $10K MRR websites running on $20 costs. I also don't understand what he needs money for — shouldn't the $x0,000 be able to fund the $20 for the next project? It doesn't make any sense at all.

Then the author trails off and tells us how he runs on $20/month.

Well, why did you apply for funding? Hello?

[hedayet]

this is dodgy at best.

Building a $10K MRR website is hard. Building multiple (assuming "multiple" here means >= 3) $10K MRR websites is extremely hard.

I don't know which investors they pitched to, but most investors seeing that number will write a 100-200K check to invest in THE PERSON pretty immediately; unless there was strong red flags in their business model (porn, drug, gambling, etc...)

[chiefalchemist]

Just because you start this lean doesn’t mean you should stay that way. Perhaps he’s now spending too much time managing his stack and not enough time on product development, customer service, a/o growth.

In other words, what gets you to $10k MRR isn’t the same thing(s) for 2x, 5x, or 10x that.

[hedayet]

but they can scale to 2x spending 1000x IF the business is scalable, no?

$20 x 1000 => $20,000 // not more than what they make a month even if "multiple" here means 2

[kukkeliskuu]

The author says he wants funding to grow the businesses. Presumably he wants funding and the help from investors to enable quicker growth than what is possible organically.

[stephbook]

Yes, "presumably." That's exactly the problem..

[kukkeliskuu]

No disgreement from me.

He does not say what kind of funding he has been trying to get, but if my presumption is right, then some kind of Y-Combinator style hypergrowth.

I think the response he got is sensible if he was approaching "Excel investors" who are risk averse, not targeting hypergrowth.

[bizzleDawg]

One can only assume the funding was needed to be able to afford K8s and postgres? /s