Best of Bootstrapping: Bootstrapped by Piggybacking to $6M from Romania

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page.  You may have read our PaaS coverage, as well as Bootstrapping by Piggybacking posts. Well, when we spoke in 2020, 123FormBuilder CEO Florin Cornianu had built a $6 million SaaS business using this methodology with just $1 million in funding. What’s more, he had done it entirely

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Best of Bootstrapping: Bootstrapped by Piggybacking from Romania

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  You may have read our PaaS coverage, as well as Bootstrapping by Piggybacking posts. Well 123FormBuilder CEO Florin Cornianu has built a $6 million SaaS business using this methodology with just $1 million in funding. What’s more, he has done it entirely from Romania and sells to largely

Read Full Article »

Best of Bootstrapping: Bootstrapping by Piggybacking from Romania

You may have been reading our PaaS coverage, as well as Bootstrapping by Piggybacking posts. Well, 123FormBuilder CEO Florin Cornianu has built a $6 million SaaS business using this methodology with just $1 million in funding. What’s more, he has done it entirely from Romania and sells to largely a US customer base. Excellent story! Sramana Mitra:

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Bootstrapping by Piggybacking from Romania: 123FormBuilder CEO Florin Cornianu (Part 4)

Sramana Mitra: What percentage of your business is coming from these app marketplaces? Florin Cornianu: A big part right now depends on partners. Sramana Mitra: What percentage? Florin Cornianu: Half.

Bootstrapping by Piggybacking from Romania: 123FormBuilder CEO Florin Cornianu (Part 3)

Sramana Mitra: You said it took you two years to get to $60,000 annual revenue. That’s 2010 then, right? Florin Cornianu: It took us all the way to 2014 to get to a million dollars in revenue.  Sramana Mitra: Besides Google SEO for customer acquisition, was there anything else that you did for customer acquisition?

Bootstrapping by Piggybacking from Romania: 123FormBuilder CEO Florin Cornianu (Part 2)

Sramana Mitra: What was the product that you got together? Florin Cornianu: It was a very small script that allowed you to build a contact form and put it on your website. Back then, there wasn’t any Google Forms. We thought about automating the creation of contact forms. It turned out to be a product.

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Bootstrapping by Piggybacking from Romania: 123FormBuilder CEO Florin Cornianu (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  You may have been reading our PaaS coverage, as well as Bootstrapping by Piggybacking posts. Well, Florin has built a $6M SaaS business using this methodology with just $1M in funding. What’s more, he has done it entirely from Romania and sells to largely a US

Read Full Article »