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10 years bootstrapped: €6.5M revenue with a team of 13

datocms.com

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Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#71

Congratulations on the success - you’re rightly proud, and that amount of cashflow brings real stability to owners and employees. I’m a former VC, and a former CMS company founder (late 1990s for the CMS side, competing with Genuity for instance), and I’m impressed at your margins and success delivering CMS tools, but I think you’re leaving a lot of money on the table and although you don’t realize it, you’re adding…

> I think you're leaving a lot of money on the table

100% agree. Also, I'm completely fine with it. Money is not the end goal to me.

> you’re adding existential risk to the business with your current strategy.

There's risk in any strategy. The VC playbook of "grow quickly" carries its own dangers: product enshittification, cultural rot, jeopardizing the very thing that made the business work in the first place...

> I’ve noticed over the years that as a general rule some European founders proudly care less about growth than American ones

I don't know if it's a Europe/America cultural difference. Probably, to some extent. We do care a lot about how we spend our lives outside of business. There’s a whole world beyond work that’s worth protecting :)

> If any mid-size company with functional distribution and tech wanted to take your business away, they could.

But why would they? For a "mere" €6.5M/year? We can optimize for the niche that the big players aren't even interested in. Being small and "ignorable" is its own form of defense.

> "in software it's grow or die."

I’m fine with this framing too, honestly. If this business ever runs its course, we have enough runway, experience, and optionality to start something new. There’s no inherent value to me in making a piece of software last for centuries.

What does matter is having a clear and fair exit plan for customers when that moment eventually comes.

> I hope you are writing the 20 year retrospective happily in 10 years from now

We'll see! :) Thanks for a genuinely thoughtful reply — I can tell where you're coming from. These are doubts I've wrestled with for years, and still do. I just keep landing in the same place (for now!).

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#72
post #4

> We're not bragging (okay, we're bragging a little) but it turns out that not burning through VC cash on ping-pong tables and "growth at all costs" actually works. Have an internet fist-bump from a fellow successful bootstrapper; this is the way, and you're calling it out!

Another one from a fellow bootstrapper. I have been doing it for 10+ years with a small team as well. Haven't hit the same revenue as them but still a very good business and has provided me everything I have for last 10 years keeping 100% full control. It is really really hard to do it over such a long period and admire anyone who has done it even better than I have.

Kudos to you! What’s your current venture, if I may ask?

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#73
post #60
post #34

Earlier quoted context omitted.

Sorry to hear. Why exactly?

Well, for a start, you guys brag about having great margins, which is not a problem in itself, but as a potential customer, it gives me the impression that the product could be cheaper. Then it's all self-congratulatory, with overemphasis that I find lacking taste. Just my personal opinion...

Businesses have no issue with their suppliers making reasonable margins as long as the value offered is acceptable or better.

I'd rather know a supplier is healthy than scraping by. I just got an email from one of mine saying that they aren't doing great, so please buy as much as possible before the holidays? I'm now making sure I'm not overly dependent on them for anything, which I'd rather not spend time doing if I didn't need to.

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#74
Very cool on on the business model details! I love this model of doing it for multiple reasons.

One thing I am confused on that is tangential to the main topic: What does this (SAAS?) service do? It looks like it might be a middle ground between Heroku and Wordpress? A GUI website builder of some sort with an integrated database, and tool for editing articles or other content with a web UI?

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#75
it's not hard to make something without funding, even by yourself, as long as you have the time and skill. but problem of the internet of today is saturation. you can have the best service or tool, much better than the number one on the market, but if you have no cash to burn on ads, you won't get anywhere.

i have not read the history of this project but i would consider this as pure luck and nothing more(sadly). nothing wrong with that, but understand that this is a unicorn(not as in 1B company but as someone who was able to make profit).

---

Ah, here it is:

> DatoCMS started in 2015 as an internal tool for our italian web agency.

Yeah, almost every agency used to have its own system back then, before drupal, wordpress and other CMSs were more popular.

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#76
post #65
post #60

Earlier quoted context omitted.

Well, for a start, you guys brag about having great margins, which is not a problem in itself, but as a potential customer, it gives me the impression that the product could be cheaper. Then it's all self-congratulatory, with overemphasis that I find lacking taste. Just my personal opinion...

As an actual customer, I have the opposite reaction. They are doing well and that gives me peace of mind.

Also a customer here, DatoCMS is fantastic product. We run hundreds of sites on their platform. Their team also works with you on pricing as you scale.

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#77

Very cool on on the business model details! I love this model of doing it for multiple reasons. One thing I am confused on that is tangential to the main topic: What does this (SAAS?) service do? It looks like it might be a middle ground between Heroku and Wordpress? A GUI website builder of some sort with an integrated database, and tool for editing articles or other content with a web UI?

It’s a headless CMS. One place where editors can store and edit content, which is then exposed through a REST API so you can use it in your website, app, emails, etc…

Huge companies use it to centralise marketing copy and media.

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#78

Very cool on on the business model details! I love this model of doing it for multiple reasons. One thing I am confused on that is tangential to the main topic: What does this (SAAS?) service do? It looks like it might be a middle ground between Heroku and Wordpress? A GUI website builder of some sort with an integrated database, and tool for editing articles or other content with a web UI?

It’s a headless CMS. One place where editors can store and edit content, which is then exposed through a REST API so you can use it in your website, app, emails, etc… Huge companies use it to centralise marketing copy and media.

Not just huge companies.. lots of web agencies [1] and mid-sized businesses use us to manage their web presence, mostly for the same reason: building custom sites quickly without the hassle of maintaining software. We’re not really optimized for huge websites (or customers).

[1]: https://www.datocms.com/partners/showcase

Re: 10 years bootstrapped: €6.5M revenue with a team of 13

#80
Wow! Congrats to you and the team.

Fellow bootstrapper here, roughly in your ballpark - €4M+ revenue, team of 18, bootstrapped for 12 years.

Only bootstrappers understand the bootstrap hustle ;) But what an amazing business you have built there - be proud, you deserve it.

Let me share a personal founder story if I may: after 12 years of building the company, I decided to step down as CEO, moved on and spent the last 6 months working on different projects, learned A LOT about AI coding, went to Iceland, Texas. Had a great time. Yet after only 6 months I experienced the strongest "pull" you can imagine, back to my bootstrapped company of 12 years. And here I am - December has been an amazing time, getting back to work. And next year we have ambitious plans ahead!

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