MailChimp recorded $280 million in revenue in 2015 and is on track to top $400 million in 2016, but they never raised a single dime from Venture Capital, wholly owned by Mr. Chestnut and his co-founder, Dan Kurzius — now employs about 550 people, and by next year it will be close to 700.
Raising money in Silicon Valley style, and running it the way Venture Capitalist pushes mostly teaches you bad habits from the start, and you end up being too good at spending money, via Showing-Up and also targeting Un-Natural Growth.
Continue reading “MailChimp's Story: $400 Million In Revenue Without Raising Any Money or A Office In Silicon Valley!”
I want to share about a running auction of a WordPress Plugin business. WordPress Plugin now considered as Startup. This Support Plugin is a complete business, with years old track record. As an Insider of WordPress Ecosystem I am planing for a while to start sharing more details in WordPress Business, possibly this could be a new series in this blog, “WordPress Business For Sale“!
Continue reading “WordPress Support Plugin Business For Sale: GetAwesomeSupport.com”
I really don't like the idea when a ‘normal‘ startup seeks for ‘external‘ investment only for R&D. In this small post I will try to explain my points.
Continue reading “My Thoughts on Startup Taking Investment Solely For R&D”