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Best of Bootstrapping: Bootstrapped to $20M+ and an Exit

If you haven't already, please study our free Bootstrapping Course and Investor Introductions page. We're big fans of bootstrapping to exit case studies. Imagine Easy Solutions' Co-founder and Co-CEO Neal Taparia shares his wonderful journey. They scaled the business to over $20 million in revenue without investment and sold to Chegg in 2016. 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? Neal Taparia: I was born in the suburbs of Chicago. My parents were immigrants from India. I'm first-generation in the United States. I did my undergraduate education in Chicago. After that, I settled down in New York where I've been ever since. Sramana Mitra: What led you to the entrepreneurial journey story? Neal Taparia: My entrepreneurial roots took place in Chicago in my high school junior year. This was 2000. In fact, it was the early days of ....

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Best of Bootstrapping: From Laid-Off Engineer to Startup Co-founder and Exit

If you haven't already, please study our free Bootstrapping Course and Investor Introductions page. Aspera Co-founder Michelle Munson started the company she began after being laid off. Aspera was her realization that she could not only control her own career path, but also create jobs for other people in a culture she established. I hope this conversation from 2009 inspires everyone who has been let go by their employers. Aspera was acquired by IBM in 2014. SM: Michelle, where does your story begin? MM: I grew up in Kansas, on a farm. My family is a five-generation farm family that raises Angus cattle as well as wheat, corn and soybeans. There is a long-standing family tradition in both the line of business and the location. My mom is a retired university professor. I grew up in Kansas, went to school there and went to college at Kansas State University. That is an interesting point with me; I was accepted to MIT and went to Kansas State. ....

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Best of Bootstrapping: Bootstrapped from College to $8M

If you haven't already, please study our free Bootstrapping Course and Investor Introductions page. Waveform CEO Sina Khanifar started tinkering with bootstrapped entrepreneurship way back in college. When we spoke in 2020, this had certainly paid off. 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? Sina Khanifar: I was born in Iran. We moved to the UK when I was one. My parents did their PhDs in the UK. After they returned to Iran, the war broke out. They thought the best choice would be to go back to the UK. They ended up not returning. I grew up in the UK. My parents decided to move again. We came to Southern California. I did two years of high school in the US and then went back to the UK for university. Sramana Mitra: What timeframe are we talking about? Sina Khanifar: I finished university in 2006. Sramana Mitra: What ....

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Bootstrapping a Big Data Company Using Services: DataSong CEO John Wallace (Part 1)

If you haven't already, please study our Bootstrapping Course and Investor Introductions page. We maintain that one of the best ways to identify complex ....

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Best of Bootstrapping: Bootstrapped Using Services to a VC-funded SaaS Marketplace

If you haven't already, please study our free Bootstrapping Course and Investor Introductions page. Booksy Co-founder and CEO Stefan Batory started a software development company in Poland with a few other partners. Today, he's running a high-growth, VC-funded SaaS and marketplace business in the US. Awesome journey! Here is our conversation from early 2020, plus you can listen to our podcast interview from 2021 here. Sramana Mitra: Let's go back to the very beginning of your journey. Tell us where you're from, where you were born, raised, and in what kind of background. Stefan Batory: I'm from Warsaw, Poland. I was born and raised in one of the poorest parts of the country. I got a scholarship and went to a high school here in the US back in 1994. I graduated from that high school and moved back to Poland where I studied Applied Mathematics at the Warsaw University of Technology. As I was finishing my degree, I started a software ....

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