Emeric Ernew
๐ค SpeakerAppearances Over Time
Podcast Appearances
But compare, you know, what they invested in the early days compared to what they got back was a pretty good return.
Yes, no, yeah, less, less, less.
Some of them were like, you know, 40, 30, 40,000.
Probably the highest was 50,000.
And, you know, the 50,000, we bought them out as close to 200,000.
So like it was a good multiple for them.
You know, you're touching on a great point.
It all goes back to what's your motivation in life and what you want to build for yourself.
You know, when we're young, we usually have big, hairy goals and we want to be the next Mark Zuckerberg.
And as you grow up and you're facing the difficulties of launching a business, succeeding in business, and you get something, you start thinking, well, I'm pretty happy with a pretty decent salary and freedom.
And, you know, the ability to lead my life and my business the way I want and still grow and take profit out of that.
And Basecamp is a great example of a bootstrap company that got incredibly successful.
And there are a lot of others that are not as successful but still get a lot of cash out of the thing.
And more importantly, a lot of fun and pleasure, which I think is the key to everything.
We're two co-founders, the CTO, Ben, and myself.
He's been with me the whole time, 17 years.
So he's been more patient than my ex-wife.
So it's like the same thing.
No, actually, it's only one third of the team.
Two third of the team is in Ireland, the U.S., Mexico, Brazil, Slovakia, Malaysia, Philippines.