I've been bootstrapping a software company for a few years. Recently decided to raise a little from this group

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Nov 24, 2021
2:29:11pm

opside Contributor

They support the bootstrapping mentallity and don't require future fundraising. Seemed like a good fit for me.

calmfund

Calm Company Fund | An ecosystem of founders and funders of profitable, sustainable, calm businesses | Calm Company Fund

Early stage funding, resources, and mentorship for founders building profit-driven calm businesses.

https://calmfund.com/[https://calmfund.com]

Another similar group I explored: https://tinyseed.com

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opside

Previous username: theBigD
New username: StevenSnell
Bio page: opside
Joined: Feb 13, 2014
Last login: Dec 20, 2023
Total posts: 0 (0 FO)

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Messages

Author

Time

Is bootstrapping dead?

Jersey hunter

11/24/21 12:21pm

RE: Is bootstrapping dead?

snowbird

11/24/21 12:23pm

Tech is different than most other industries. It takes a lot of capital and

Hypnotoad

11/24/21 12:24pm

Yes, I think this is true of any company that needs intensive capital

The Chief

11/24/21 12:28pm

For non-tech companies profits/revenue are much more important. But for tech, selling as a “plug in” is often the way.

WP17

11/24/21 12:28pm

Also, interest rates are so so low and investors are trying to find ways to boost returns

WP17

11/24/21 12:29pm

It’s all about speed now. Things moving too fast to wait. That requires $$

Bluforever

11/24/21 12:29pm

Also, if Ryan Smith were here, he would argue cash is much more important than

The Chief

11/24/21 12:34pm

It's really weird. Uber is a good example, I guess it hasn't been profitable.

Mitty

11/24/21 12:40pm

Money is dirt cheap. Everybody’s chasing alpha

hansel

11/24/21 12:49pm

I’ve been on two interviews lately for startups

Heath Squashwell

11/24/21 12:51pm

I walked into a venture capitalist office with a dev at my side

cougarblue

11/24/21 12:56pm

I agree raising capital seems to be more important than running a business. I

johnnybyu

11/24/21 12:59pm

There is too much investment money that needs a home

2FarGone

11/24/21 1:00pm

We've become a very speculative society

reddead

11/24/21 1:01pm

Well said. Cryptocurrency is a good example of the rampant speculation.

Mitty

11/24/21 2:10pm

I don’t think we’ve “become” That. Speculation has been big since the Revolution

califcougar

11/26/21 11:38am

I've been bootstrapping a software company for a few years. Recently decided to raise a little from this group

Calm Company Fund | An ecosystem of founders and funders of profitable, sustainable, calm businesses | Calm Company Fund

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