Bootstrap to an Early Exit with Your Startup [Video]

Posted on Monday, Dec 30th 2024

Over the past decade, I’ve had the privilege of working with many bootstrapped entrepreneurs.

I love working with self-financed startups and modestly capitalized ones that operate in a capital-efficient manner applying the principles of bootstrapping.

I’ve also interviewed hundreds of investors, especially micro-VCs and angels who are playing in the early stage game.

I’ve asked all of them the following questions:

The commercial Internet has now been around for almost 30 years. Lots of stuff has already been built. Nowadays, there aren’t so many wide open opportunities out there. But there are many, many niche opportunities.

Some of these businesses need to be built for very small amounts of capital: Invest $1-2M, and sell for $10-15M. Do you have an appetite for this type of investment?What about a notch smaller? Invest $250k-$500k and sell for $5-$10M?What about a notch larger? Invest $5-10M and sell for $50-$60M?

As I expected, a large number of investors are still chasing Unicorns. …