"Most companies never get here because VCs show up early with decacorn dreams and money you don't need."
this is ridiculous, it's extraordinarily rare for a bootstrapped saas to get to $10m ARR and this is definitely not why
$10M ARR is the FU MONEY of SaaS. At $10M ARR bootstrapped, you and your co-founder clear $1M+/year in salary and dividends easily. You can sell instantly for $30-40M. There are hundreds of EBITDA buyers at this level vs. a handful at $1B valuations. From here, you can do- "Most companies never get here because VCs show up early with decacorn dreams and money you don't need." this is ridiculous, it's extraordinarily rare for a bootstrapped saas to get to $10m ARR and this is definitely not why
Quickest way to destroy long term value is to listen to investors. 99% have terrible advice for you, and want you to serve their interests first. I鈥檝e seen it a few times and watched the aftermath versus what the company could have become. They become captured generally.
