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Unconventional lessons bootstrapping to a $160M exit in less than 4 years

ankitgoyal.substack.com

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Re: Unconventional lessons bootstrapping to a $160M exit in less than 4 years

#3
post #2

Good points except for the last one about keeping shut. Being tight lipped and paranoid is not how winners operate. Share your success and lessons. Be open.

Thank you- great feedback! I've found that being quiet about your successes gives you a longer runway to build a moat that makes it more difficult to compete with you

Re: Unconventional lessons bootstrapping to a $160M exit in less than 4 years

#4
post #3
post #2

Good points except for the last one about keeping shut. Being tight lipped and paranoid is not how winners operate. Share your success and lessons. Be open.

Thank you- great feedback! I've found that being quiet about your successes gives you a longer runway to build a moat that makes it more difficult to compete with you

My belief in startups is that the only IP is execution. Ideas are cheap.

When running a business you are making hundreds of decisions a month (maybe thousands). Unless they know and can make the same ones roughly, they can't replicate your success.

Do you have an example of how not being quiet hurt your/someone else's moat?