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News for bootstrapped startups

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Bootstrapped Tech for the week of September 16, 2024

Welcome to this issue of Bootstrapped Tech, a weekly newsletter focused on startups making things happen without funding, plus other news relevant to the startup world.

Like last week, weā€™ll look at five stories about startups below. But what else do you want to see in this newsletter each week? Reply with your thoughts.

There's also a form near the bottom to submit news about your bootstrapped startup.

This publication is just starting, and you can help shape its future.

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Bootstrapped Tech Headlines

  • Do you use Reddit? A new subreddit, r/StartupLaunches, invites entrepreneurs to share news about their startup launches. The forum encourages posts with detailed descriptions alongside the links, offering a space for founders to promote their startups. Read moreā€¦

  • For the last three years, 43-year-old Thomas Wink has embraced the digital nomad life, balancing work and adventure from his sailboat. Just a few weeks ago, he wrapped up the MVP for MARQT AI while on an incredible solo journey, sailing non-stop across the Atlantic from Colombia to the Azores. Read moreā€¦

  • Runway launched an API for developers to integrate its generative AI video models into third-party platforms, starting with Gen-3 Alpha Turbo, a faster but simplified version of its flagship model. Read moreā€¦

  • Before building anything, validating your startup idea is crucial, as ā€œ35% of startup failures happen because they launch products that ultimately have no market need.ā€ Many founders focus too much on building and testing when more effective ways exist to confirm if your idea resonates with the market. Read moreā€¦

  • Voyo Popovic, founder of Piece of Cake Moving, built his business from one truck in 2018 to a fleet of over 350 trucks and $100 million in annual revenue without VC funding. In this article, he shares how staying independent helped him create a high-demand service, build a strong brand, and achieve sustainable growth. Read moreā€¦

For a little more startup-related reading, hereā€™s one founder's story about how his company, Leapsome, secured $60 million in Series A funding. Even if you plan to bootstrap your startup, there are some lessons here you might find helpful.

Lessons from our first fundraise (and our $60M Series A pitch deck)

Nine months ago, I set out to write about our bootstrapping story. Every two weeks, I was going to post one insight from our journeyā€¦

medium.com/@kajetan.armansperg/lessons-from-our-first-ever-fundraise-and-our-60m-series-a-pitch-deck-5c44f06efd91

Get your startup mentioned in a Bootstrapped Tech

Are you with a tech startup that isn't booming? We'd like to hear your news. Maybe it's a product release, a big new hire, or record-setting growth. Use this form to tell us about it.

docs.google.com/forms/d/e/1FAIpQLSeS1QXV3nZQRHCw3OaPL3nbewxYUyW48_WIB5RpwaMRoeuyKw/viewform

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See you next week!

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