11–20 of 121 posts
+ Grammarly
+ 37 Signals/Basecamp
+ Zip Recruiter
+ Outcome Health
+ Wistia
Who else?
Source: http://www.techntechie.com/early-investors-in-microsoft-you-...
Wistia. 10 year-old business. Raised only a seed round and has been profitable & growing many years in a row.
Microsoft is pretty close too. Founded in 1975, issued stock in 1981 (5% to an investor, the rest to founders and employees), IPO in 1986 Source: http://www.techntechie.com/early-investors-in-microsoft-you-...
My concern was that examples like that, or Amazon which only raised $8M, are such crazy outliers and relied on strong timing, amazing founders, and other good fortune, that it made them hard to be approachable. That said—I'll make sure to give MS a headnod in the next revision!
Wistia. 10 year-old business. Raised only a seed round and has been profitable & growing many years in a row.
Awesome! Thanks for sharing! Do you know if they've announced any revenue figures? Best I could find was an employee count (83) which is impressive given the $1.4M in funding—clearly they have substantial cash flow if they can support that kind of workforce.
I'm one of the authors of this post and plan on releasing an updated version with some companies that we missed on the first pass. If you know of other substantial startups that went far before raising capital, please let me know: JoeFlaherty@FounderCollective. The current list of misses includes: + Grammarly + 37 Signals/Basecamp + Zip Recruiter + Outcome Health + Wistia Who else?
Microsoft is pretty close too. Founded in 1975, issued stock in 1981 (5% to an investor, the rest to founders and employees), IPO in 1986 Source: http://www.techntechie.com/early-investors-in-microsoft-you-...