Build Your SaaS · 2020-09-15 · 40 min
Jon and Justin talk about "optionality" in bootstrapping. (Justin is concerned, Jon thinks we should just enjoy the moment). DHH : "Part of what gave us the confidence to turn down the whole world of venture capital was a small sale of equity to Jeff Bezos. That gave our personal bank accounts just enough ballast that the big numbers touted by VCs and acquisition hunters lost their lure." Are we at peak podcasting? Things are good right now - will they be good for 10 years? 20 years? Fred Wilson: "Taking money off the table." How much did the founders of Buffer, Robinhood, etc. take off the table? Article . Des Traynor: "A founder is spending 60 months of their best years in their startup (instead of their career). That is a substantial upfront investment; it's like a seed round, but instead of money, it's your life." How much richer than us is Jeff Bezos? Want to reply to something we said? Twitter: @buildyoursaas , @mijustin , @jonbuda Leave a comment on PodHunt ; it's like Reddit, but for podcasts.
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