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by cookiecaper
4776 days ago
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Not sure if that is a prime example, since StackOverflow was built with the wealthy businessman Joel Spolsky as a primary backer. That doesn't diminish anything they accomplished, it just means that they didn't do it without access to sufficient resources. |
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While I suppose in theory Joel could have thrown a lot of money away just because it didn't happen that way. Stack Overflow was running on it's own income until the first round of funding ( http://blog.stackoverflow.com/2010/05/announcing-our-series-... ), excepting the pre-launch period (everyone might have just taken equity then, I don't know I wasn't around until just before the series A). I think it was mostly ad income, though Careers ( http://careers.stackoverflow.com/ ) was around fairly early too.
Disclaimer: Stack Exchange employee