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Bootstrapping

Best of Bootstrapping: Bootstrapped a RegTech Venture to $20M

Posted on Monday, Apr 17th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

RegTech is emerging to become a category of its own with numerous risk and compliance issues getting addressed by technology solutions. PerformLine Founder and CEO Alex Baydin has bootstrapped a wonderful business and is now doing a private equity-driven roll-up within the space.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Alex Baydin: I am the Founder and CEO of PerformLine. I was born in Boston, but shortly thereafter, my family moved to New Jersey in a town called Morristown. I’ve been here quite a large percentage of my life but also traveled and spent some stints outside of this area.

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Bootstrapping with Services at the Cusp of AI and FinTech: Vahe Andonians, Founder of Cognaize (Part 1)

Posted on Monday, Apr 17th 2023

In this case study, you will hear Vahe talk a lot about bootstrapping – bootstrapping to exit, bootstrapping with services, so on. You will also learn a nifty way of building domain knowledge on top of horizontal AI expertise. This is a valuable and extremely interesting way of building AI companies for entrepreneurs to consider.

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Best of Bootstrapping: Developer Entrepreneur Bootstrapped to $20M

Posted on Friday, Apr 14th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Numerous developers around the world are turning into successful entrepreneurs. NLP Cloud Founder CTO Julien Salinas provides a textbook case study of a brilliant journey that is a highly repeatable blueprint to follow.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Julien Salinas: I’m French. I live in France. I’m not located in the French Alps. I have a double degree in both business and engineering, especially computer science. I graduated 15 years ago. I initially started working as a consultant and doing product marketing. I was not very happy in my job.

I started coding in my personal time until I realized that maybe it was time to start a real career in programming. That’s what I did. Since then, things have been much easier for me. I did my first startup. Then a second one which is working very well.

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Best of Bootstrapping: Bootstrapped Using Services to $35M, Then Raised $70M

Posted on Thursday, Apr 13th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Teamwork.com Founder CEO Peter Coppinger has led a terrific vertical cloud business from Ireland and now runs a global SaaS company that is kicking ass.

Sramana Mitra: Let’s start at the very beginning of your journey. Where were you born, raised, and in what kind of background?

Peter Coppinger: I’m the CEO of Teamwork.com. We are based in Ireland, but we have customers all over the world. I was born in West Cork, Ireland. At a young age, I was very inspired by the likes of Bill Gates. I couldn’t wait to get to college to get going. I thought I’d end up in the States. Somehow, I’m still in Ireland, but we do have a global footprint. I spend a lot of time in the States visiting customers.

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Best of Bootstrapping: Solopreneur Bootstrapped a Niche E-commerce Venture to $12M

Posted on Wednesday, Apr 12th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

It is very difficult to find gaps in e-commerce these days. Sawyer Twain Founder Chris Turner found one and executed the hell out of it.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Chris Turner: I was born and raised in Phoenix, Arizona. I graduated from Arizona State University back in 2004.

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Best of Bootstrapping: Bootstrapped to $3M a Month

Posted on Tuesday, Apr 11th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Prequel Co-founder CEO Timur Khabirov has bootstrapped a digital app to $3M a month. Read on to learn how.

Sramana Mitra: Let’s start at the very beginning of your journey. Where were you born and raised? What kind of background?

Timur Khabirov: I was born in Uzbekistan during the Soviet Union era. When I was 15, me, my mom, and my father-in-law moved to Russia. I lived there for 10 years. I started as an entrepreneur there but not in IT. I got my education there. Then I moved to the United States in California. When the financial crisis started, I moved to New York. Now I’m in New York.

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Best of Bootstrapping: Bootstrapped a FinTech Startup by Piggybacking with Services

Posted on Monday, Apr 10th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Quavo Co-founder David Chmielewski transitioned from a developer to an entrepreneur by leveraging his solid domain knowledge in a particular area of FinTech: dispute resolution for credit card transactions. He and his co-founders effectively used bootstrapping using services and piggybacked on the Pega Systems platform. Read on to learn more about his journey.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

David Chmielewski: I was born in Michigan in a small tourism-driven town. They have good schools but generally not a tremendous amount of job opportunities if you wanted to do something in technology. I was one of the lucky people who always knew what I wanted to do. I was exposed to computers pretty early.

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Best of Bootstrapping: Student Developers Bootstrapped with a Paycheck to 1M Users

Posted on Friday, Apr 7th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

TryHackMe CEO Ben Spring and his co-founder are two techies who started by bootstrapping with a paycheck. With zero marketing budget, they have scaled TryHackMe to a million users and significant revenue.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Ben Spring: I was born and raised in Portsmouth, England. I also went to the University of Portsmouth. I have a degree in Computer Science.

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