Sep 15 2020 40 mins 3
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. Email us: [email protected] Thanks to our monthly supporters: Helmut Irle Colt Borg Marc Beinder Anton Zorin Bill Condo Sofia Quintero Chris Willow Mason Hensley Borja Soler teami.io Ward from MemberSpace.com Travis Fischer Matt Buckley, from NiceThings.io Russell Brown Evandro Sasse Noah Prail, eventOneHQ.com Robert Simplicio, Simplicio.com Colin Gray alitu.com Josh Smith, hellosift.com Brian Rhea (Pronounced “Ray”) Shane Smith, dev.transistor.fm Austin Loveless Michael Sitver, letterjoy.co Paul Jarvis and Jack Ellis, usefathom.com Dan Buda danbuda.com Darby Frey Samori Augusto, thebicrowd.com Brad from Canada Mike Walker Adam DuVander Dave Giunta (JOOnta) Kyle Fox GetRewardful.com ★ Support this podcast on Patreon ★
