Entrepreneur and Investor Talks

1528

The virtues of bootstrapping your startup

What did it take for these startups to get started without venture capital?

Innovation series by Kristin Karaoglu
July 28, 2014 | Comments
Short URL: http://vator.tv/n/385a

With venture financing all around, why did these startups not go through with venture financing rounds?

Some didn't have a choice, until they got bigger and at that point taking VC funding didn't make sense. Some wanted to focus on raising money (or making money) from customers rather than spending time fundraising from investors and others wanted to enjoy a lifestyle business.

The moderar of this panel - Naveen Jain, a prolific entrepreneur and angel investor - also bootstrapped his company SparkArt. Panelists were: Gleb Budman (Founder & CEO, Backblaze), Drew Curtis (Founder & CEO, Fark), and Gary Tsifrin (Founder & CEO, Driversed.com).

How much did it cost these founders to start their companies? Watch the video! 

Thanks to our Vator Splash Oakland video sponsor, Oakland Forward and Bryan Parker, Oakland Mayoral candidate. 

Save the Date: Splash LA is Oct. 2 in Santa Monica. Speakers include Jessica Alba and Brian Lee, Founders of The Honest Company, Michael Heyward, Founder & CEO, Whisper, Mike Jones, Founder & CEO, Science, and many more. Register here.   

 


Related companies, investors and entrepreneurs

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Drew Curtis
founder,
Fark.com
Bio: With his website Fark.com, Drew Curtis has built a global community based around news and, due to ad revenue, Fark.com has become one of ...
17697
Gleb Budman
CEO,
Backblaze, Inc.
Bio: Founder of three companies, leader in two startups from pre-launch through acquisition, and seasoned executive. Worked to save the world ...
Bio: Naveen Jain is the Chief Marketing Officer and Co-Founder of Immunity Project, a Y Combinator (W14) backed, non-profit dedicated to devel...
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