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	<title>Comments on: What should a startup focus on: profits or expansion?</title>
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	<link>http://www.ourstartupstory.com/what-should-a-startup-focus-on-profits-or-expansion/</link>
	<description>Tracking the journey of some startups</description>
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		<title>By: John Wilker</title>
		<link>http://www.ourstartupstory.com/what-should-a-startup-focus-on-profits-or-expansion/comment-page-1/#comment-18</link>
		<dc:creator>John Wilker</dc:creator>
		<pubDate>Sun, 04 Jan 2009 06:13:41 +0000</pubDate>
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		<description>@Dennis, 
 
AWesome story! Yeah we&#039;re entertaining the idea of Angel money, by that I mean seeing if it even makes sense for us or an angel, LOL. We&#039;re at a point where we can only do so much with FT Jobs, and 360 as a side, but not enough events to pay salary. I call it our critical mass event horizon, LOL. 
 
Yeah I think bootstrapping definitely helps to make you more focused, vs. resting on fat piles of VC Money, which a lot of startups seem to do. </description>
		<content:encoded><![CDATA[<p>@Dennis, </p>
<p>AWesome story! Yeah we&#039;re entertaining the idea of Angel money, by that I mean seeing if it even makes sense for us or an angel, LOL. We&#039;re at a point where we can only do so much with FT Jobs, and 360 as a side, but not enough events to pay salary. I call it our critical mass event horizon, LOL. </p>
<p>Yeah I think bootstrapping definitely helps to make you more focused, vs. resting on fat piles of VC Money, which a lot of startups seem to do.</p>
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		<title>By: Dennis Yu</title>
		<link>http://www.ourstartupstory.com/what-should-a-startup-focus-on-profits-or-expansion/comment-page-1/#comment-17</link>
		<dc:creator>Dennis Yu</dc:creator>
		<pubDate>Sun, 04 Jan 2009 05:21:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.ourstartupstory.com/?p=96#comment-17</guid>
		<description>Guys,  this is an excellent view into startup finances.  Our startup faced the same issues-- and we chose to bootstrap rather than take VC funding (though we did have one angel-- Markus Frind). 
 
What was good about bootstrapping: we learned to be self-sufficient quickly and took on whatever brought in revenue. We preserved our independence and ability to make decisions without controls in place. 
 
What sucked about bootstrapping: We had to work twice as hard, since we didn&#039;t have the luxury of cash to work just on BlitzLocal for local professional service firms.  It&#039;s like having a day and night job at the same time.  We also weren&#039;t able to expand or move the core product as quickly as if we had a fat pile of VC money. 
 
Net-net: We&#039;re happy with our decision.  In doing &quot;random&quot; projects for cash, we&#039;ve gained experience that helps our core business. And we&#039;ve had a lot more fun along the way-- you meets lots of interesting people when your eyes are open.   </description>
		<content:encoded><![CDATA[<p>Guys,  this is an excellent view into startup finances.  Our startup faced the same issues&#8211; and we chose to bootstrap rather than take VC funding (though we did have one angel&#8211; Markus Frind). </p>
<p>What was good about bootstrapping: we learned to be self-sufficient quickly and took on whatever brought in revenue. We preserved our independence and ability to make decisions without controls in place. </p>
<p>What sucked about bootstrapping: We had to work twice as hard, since we didn&#039;t have the luxury of cash to work just on BlitzLocal for local professional service firms.  It&#039;s like having a day and night job at the same time.  We also weren&#039;t able to expand or move the core product as quickly as if we had a fat pile of VC money. </p>
<p>Net-net: We&#039;re happy with our decision.  In doing &quot;random&quot; projects for cash, we&#039;ve gained experience that helps our core business. And we&#039;ve had a lot more fun along the way&#8211; you meets lots of interesting people when your eyes are open.</p>
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		<title>By: Chris Moran</title>
		<link>http://www.ourstartupstory.com/what-should-a-startup-focus-on-profits-or-expansion/comment-page-1/#comment-16</link>
		<dc:creator>Chris Moran</dc:creator>
		<pubDate>Fri, 26 Dec 2008 14:26:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.ourstartupstory.com/?p=96#comment-16</guid>
		<description>Nice writing style.  Looking forward to reading more from you.

Chris Moran</description>
		<content:encoded><![CDATA[<p>Nice writing style.  Looking forward to reading more from you.</p>
<p>Chris Moran</p>
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