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Thank HN: My bootstrapped startup got acquired today

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Re: Thank HN: My bootstrapped startup got acquired today

#211
post #171

Congrats Paras. VWO has been my go-to A/B testing platform ever since everyone else either pivoted upmarket into six-figure “experience management platforms” or shut down (Google Experiments). I hope this won’t change!

I'm hopeful that VWO will continue to stay true to its roots!

Re: Thank HN: My bootstrapped startup got acquired today

#212

Congrats! What have been your highest highs and lowest lows during this journey? When Google discontinued their A/B Testing tool - was it surprising for you? How has the CRO landscape changed out of your perspective in the last 15 years? 1st party tracking, serverside testing, etc.

I think the low was covid - with budget cuts, we had a sudden revenue drop and didn't know when or whether it will recover at all. But thankfully as we had been profitable from day 1, we didn't lay off anyone. The high is every time we launched a new feature that set the industry standard. (For example, integrating heatmaps into A/B tests and migration from frequentist to bayesian statistics). Another high has always…

What do you think of the increasingly sparse measurement data available to marketers and the rise of needing to focus on measuring incrementality through statistical experiments when smaller companies may not have enough data to obtain statsig results?

Re: Thank HN: My bootstrapped startup got acquired today

#213

Congratulations! I just checked when I started using VWO, and found a really nice exchange between you and me from Fri, Dec 11, 2009. VWO is still the absolute best split testing tool out there. You deserve all the success.

Wow, Dec 2009 is literally when I had launched the MVP of VWO. So cool to hear this story from you! Brings back so many memories of anxious excitement and working till 3 am :)

Re: Thank HN: My bootstrapped startup got acquired today

#214

@paras - I worked at Optimizely in the early days and led online marketing there from 2012 - 2016. I remember seeing your team copy our SEM strategy, so I added Hindu gods (shiva, vishnu, et al) to the UTM query params in our ads for your guys to dissect / get a laugh from. Congrats on the exit. really nice to see.

As a fellow marketer I've totally done similar stuff to send messages to whomever is digging through their utms. More usefully though, you can learn a shocking amount about a company from their utms and event data.

this guy gets it.

Re: Thank HN: My bootstrapped startup got acquired today

#216

Amazing outcome, congratulations! Back in 2015 working at Gusto as the first growth engineer I remember reading vwo blog to understand how a/b testing works.

All of our initial growth came from either word of mouth or the content I was churning out on a daily basis.

Re: Thank HN: My bootstrapped startup got acquired today

#217

Congratulations! I've got a small question. How do you deal with people asking for open sourcing your product/code, claiming they don't want to use a product they don't control?

Enterprises don't ask that. We never got that request.

Re: Thank HN: My bootstrapped startup got acquired today

#218

Question - What is typically the future of companies that are acquired by Private Equity firms? As a former employee of VWO who worked there for ~3 years, I'm curious about the future of the company.

I think the plan is to keep growing profitably, but I'm also curious and keen to learn how private equity runs a company.

Re: Thank HN: My bootstrapped startup got acquired today

#219

Great run, Paras! If I may: - Did VWO ever apply to YC? - Do you foresee PE asset stripping (crashing & burning) VWO eventually? - What's next (5y time period)? Thanks.

- No, never applied to YC.

- Not expecting this to happen

- I plan to explore starting a fundamental AI lab from India (China has Deepseek, US has OpenAI and Anthropic, Japan has Sakana - India doesn't have one yet!)

Re: Thank HN: My bootstrapped startup got acquired today

#220

So happy for you! Great job on growing to 50mil! I’m curious how this process got started, did you approach them or did they reach out? Are you still gonna be involved day to day, or are you taking a much deserved break?

I had been reducing my day to day involvement for a few years, and then we hired an investment banker who drove the process. I won't be involved day to day anymore.
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