What app is that showing the words while he taLes?
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Descript! It's awesome: https://app.descript.com/r/HkLbabKnG
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So bootstrap = from nothing and self fund is VC investment except the VC is yourself?
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And in that case, would've consulting income funding other businesses be self-funding and not bootstrapping? Or maybe the consulting was to pay his bills, and the software just ran off the revenue it made so then it's bootstrapped? Answer to question: it's confusing.
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I think it’s an important distinction. But which one better describes the model in which you take a couple mil to feel safe and continue in business like Basecamp did? Still not clear to me
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it makes sense
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Ten tweet jest niedostępny.
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The point is clearer when you look at an app like Drip. You could not bootstrap it - too complex/expensive to build. I self-funded it with $150-200k of revenue from another product I owned, HitTail. It makes the story accurate instead of people saying “Rob bootstrapped Drip.”
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Semantics
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I think it matters in that it reflects
@robwalling stairstep approach of keeping the next thing within reach. Reality is you have to manage risk enough to stay alive and in the game, however you do that. -
I've done consulting to incubate my wife's business and I'm growing my current startup out of her business while using it to grow her business. Not sure what you'd call it, but the requirement is chasing the dream while living within your means.
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Wydaje się, że ładowanie zajmuje dużo czasu.
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