There’s been a lot of talk in the blogosphere this month on the topic of organic growth or bootstrapping vs taking external money (ie, VCs, Angels, public listings, etc).
I think this is mainly fueled by Tony Hsieh talking on inc.com on “Why I sold Zappos” and Sridhar Vembu’s post on why Zoho haven’t taken VC money.
A couple of the articles have referenced my company, KashFlow, directly.
- At KashFlow, we’re bootstrapped – spending only what we make.
- Our main competitor is a publicly-listed company that has raised a LOT of money from the markets and is spending it very quickly (to great effect I might add).
- Another established competitor is trying to raise €5m to fund growth
- A small startup recently announced a “financing deal” from “strategic investors”. No names or amounts.
I had quite a lengthy conversation with ...
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I think this is mainly fueled by Tony Hsieh talking on inc.com on “Why I sold Zappos” and Sridhar Vembu’s post on why Zoho haven’t taken VC money.
A couple of the articles have referenced my company, KashFlow, directly.
- At KashFlow, we’re bootstrapped – spending only what we make.
- Our main competitor is a publicly-listed company that has raised a LOT of money from the markets and is spending it very quickly (to great effect I might add).
- Another established competitor is trying to raise €5m to fund growth
- A small startup recently announced a “financing deal” from “strategic investors”. No names or amounts.
I had quite a lengthy conversation with ...
Continue Reading...
