Bootstrapping in SaaS? It Works. But Add ~4 Years to the IPO Timeline.
SaaStr
FEBRUARY 6, 2021
At $10m ARR, you can begin to aggressively fund hiring just out of your incoming cash flow. Much earlier than that though, and you’ll be capital constrained on aggressive hiring. You’ll hire much, much, much more slowly than your venture-backed peers until $10m-$20m ARR or so. Longer to afford your first VP of Sales.
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