Stu Sjouwerman
👤 SpeakerAppearances Over Time
Podcast Appearances
500 in slot 139.
We're growing like crazy.
It's called inbound marketing.
So we provide white papers.
I write a newsletter that goes to a boatload of people.
How many?
1.2 million.
It was a matter of building it up slowly over the years.
So we're talking providing free tools, white papers, free downloads, that sort of thing.
No, we bootstrapped for the first five years.
I basically spent a million bucks building this company.
And late, this was December 2015, we took 8 mil in venture capital because we wanted basically support and help to go public.
We didn't really need the money.
And we used some of it recently to acquire a competitor.
But, yeah, we have a 3A company.
Well, the raise was my own money, so you can't really count that.
We had a Series A, to begin with, of $8 million.
And a year later, the VCs basically re-upped, and they bought another 4%.
It was a different valuation.
No, they did first was 20%.