One of the most interesting things about Peter Thiel is his challenge to people to not feel trapped in a straight jacket. Yet, most founders I meet still are focused on the status quo model of product traction -> angel/seed -> VC -> IPO/M&A. For an industry that prides itself on disruption, it seems that this is the road to travel.
Whenever I mention the bootstrapped model of Craigslist, people are surprised. We all know what it is but its business model is not discussed. Possibly because it didn’t make investors super rich.
I am curious what the founders and investors in the community think about the bootstrap model. Are there other great examples of companies going independent outside the standard template?
I would love to hear feedback on Twitter @charlesjo. Or better, join us on SSG Slack: Invites http://bit.ly/joinssg + info http://bit.ly/coolssg