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Sad that this app didn't achieve the scale of subscriptions it deserved. A good reminder that awesome tech isn't usually enough. Do you regret not taking capita
by sirtimbly 4y ago
Sad that this app didn't achieve the scale of subscriptions it deserved. A good reminder that awesome tech isn't usually enough. Do you regret not taking capital to fund marketing and support full time? Or put another way, any other ideas of where you could have spent someone else's money to give you a boost into higher subscription numbers?
- jlongster 4y agoYes I totally regret it. There are ethical VCs that would be willing to invest a small amount and I should have done that. Bootstrapping isn't all it's cracked up to be; there are a lot better and smarter ways to kickstart a project.
- renewiltord 4y agoYou can still raise if you want to and have a growth user growth story. Though completely understandable if you feel burned out on the product. If you want to stick to it, I would lean the open-sourcedness of it into a connector data-source import advantage. Your product looks slick, man. It's probably small consolation, but you've got a talent for good product design.
- adrianmsmith 4y agoCould you still pursue that route? Presumably it's never too late, especially as you've got a product already, and have demonstrated traction.
- jlongster 4y agoI've thought about it! I'm a little burned out though on the business stuff. I'd like for this just to be a cool product now.
- tomatowurst 4y agobut if you can't generate enough revenues to justify valuations you wouldn't go anywhere either. i guess it is better to find that out after raising millions and paying yourself a fat salary
- sirtimbly 4y agoIt's in an established and competitive market. There's money flowing into companies doing this same thing. An investor throwing (some) capital at marketing and growth for this totally functional (and beautiful) product could have made sense.
- cyral 4y agoThis open source finance product recently raised 8.5M: https://openbb.co/ https://openbb.co/ I believe it from some organization that focuses on OSS