{"id":10019,"date":"2017-11-06T16:29:50","date_gmt":"2017-11-06T15:29:50","guid":{"rendered":"https:\/\/chartmogul.com\/blog\/?p=10019"},"modified":"2023-08-10T17:11:24","modified_gmt":"2023-08-10T15:11:24","slug":"bootstrappers","status":"publish","type":"post","link":"https:\/\/chartmogul.com\/blog\/bootstrappers\/","title":{"rendered":"Bootstrappers: SaaS startups finding their own route to $1M+ ARR"},"content":{"rendered":"

What\u2019s enabling bootstrapped SaaS?<\/b><\/h1>\n

The concept of bootstrapping a business is nothing new. The term originates from the concept of “pulling yourself up by your own bootstraps\u201d. Did you know the term \u201cbooting\u201d, i.e. \u201cI\u2019m going to boot up my computer\u201d also comes from the word \u201cbootstrapping\u201d?<\/p>\n

In the business world, the term generally refers to:<\/p>\n

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“Financing and growing your business without the need for external assistance in the form of capital investment.”<\/p>\n<\/blockquote>\n

In other words, it’s the “I’m doing it my\u00a0<\/em>way” approach to building a business.<\/p>\n

There\u2019s a buzz today in the SaaS universe around bootstrapping. The wind has changed in some way, and has spurred some conversation on the topic. So what\u2019s the deal?<\/p>\n

The growing divide between SaaS and venture capital<\/h1>\n

Point Nine Capital\u2019s Clement Vouillon<\/a> spoke about the increasing incompatibility between Venture Capital and SaaS in The Rise of Non \u201cVC compatible\u201d SaaS Companies<\/i><\/a>:<\/i><\/p>\n

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\u201dWhen I entered the SaaS world 10 years ago (building a product on top of flash\u2026) I knew very few founders running bootstrapped SaaS companies. Raising money was the main way to go. But this has changed and I now encounter, almost on a weekly basis, awesome bootstrapped software companies and micro SaaS.\u201d<\/i><\/p>\n<\/blockquote>\n

Clement\u2019s view on the increasing viability of bootstrapping boils down to the following reasons:<\/p>\n