Franck DebaneDigital Evolution

A $32,000 startup that was sold for millions

By 1 min read StartupLinkedIn

Good exemple of bootstrapping: $32,000 startup that was sold for millions

A $32,000 Startup That Was Sold for Millions

Starting a company has never been cheaper: cloud computing, cheap sensors and the falling cost of genome sequencing let entrepreneurs bootstrap instead of chasing venture capital. The example: Beat The GMAT, rebuilt for $32,000 and acquired in 2013 by Hobsons for millions.

Source: article LinkedIn

First published on LinkedIn on March 27, 2014. View the original post

Franck Debane helps large companies build new ventures with Forward Partners: about a hundred programmes in more than 50 companies since 2012. He wrote Passez en mode startup (Eyrolles, 2021) and organises the Lead Innovation Day.