Chapter 4: Onto something new…
There is something to be said about bootstrapping your business to millions in revenue, to stick by it and still hold the keys, over 2 decades after launch. It is rare to see the founders of any company stick it out for that long… but there isn’t much that isn’t rare about the founder journey that our next storyteller can share. It begs you to wonder, when the only pre-ordained next step in your roadmap to building your business is “The End”, but you’ve not reached that ending… what is there left to do to fill the next few chapters.
That is how we’re going to end our story. And ending that keeps moving forward but jis yet untold.
With our guest, Jason Fried, Co-Founder of Basecamp and Hey!, we hosted an open ask me anything about what it took to grow Basecamp to the degree of success it reached, how the small bootstrapped team was able to develop a competitor to the likes of Gmail or Yahoo Mail, and their very public spat with the Apple App Store in mid-2020.
Check out the full-length conference video at https://youtu.be/q1WNvRoSays
If you want to join in on the conversation with over 1400 other founders, join MicroConf Connect, a slack community space where you can meet founders from around the globe working on cool products in a sustainable way. Head over to http://microconfconnect.com for more details.
This video was recorded on September 1, 2020 in Minneapolis MN. All proper social distancing, PPE, and health and safety measures were taken in the production of this show
Note, this is not a live session, so calls for questions, survey, etc… are all pre-recorded.
Curious about TinySeed, MicroConf's accelerator and fund? The TinySeed accelerator team (Tracy Osborn, Rob Walling, and Einar Vollset) recorded this live webinar to answer questions about their third application round. Jump to a question: 2:43 - Why is it called TinySeed? 8:52 - What are TinySeed's basic investment terms? 13:55 - Do we invest in non-US countries? 16:03 - Do we invest in B2B companies? 18:34 - Is there a requirement for the application process? 21:43 - What is your policy against repeat investment in the same space? 22:48 - How many months would you estimate the churn rate over for small business? 24:24 - I feel our evaluation now may be above the standard investment terms for TinySeed. Will there be any flexibility in terms?. 25:08 - What industries or companies did you see thriving this year due to COVID? 25:55 - We just started providing annual payments were people can pay in advance for a year — should we advertise those when calculating MRR in our application ? 26:55 - My SaaS isn't launched yet but it's making a $1000 or more in the MRR — am I right for the program? 27:36 - I believe you looking to fund to 20 to 25 companies, which is 2 times more than previous batches. How will you maintain the camaraderie and intimacy the with a bigger batch? 31:46 - We have a B2B SaaS system, we have 15000 active free users and 25 paying customers — 15000 looks better than 25, which one should I use for customers? 32:30 ...
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https://microconf.com MicroConf 2014 Playing the Long Game: Making Entrepreneurship a Sustainable Life - Dr. Sherry Walling ...
