Bootstrapping in 2021:
1. Setup LLC with Stripe Atlas, bank with Mercury
2. Loan the company $50 - $100k
3. Offer annual-only subscriptions for 4 months (for cashflow)
4. Once > $100k in annual rev, move to monthly plans and sell mrr on http://pipe.com... See more
Uhh… a massive DAO just voted to “refund” one of their investors who was owed a 30x return ($5M+)
This is an insane story that impacts all builders in web3 and as a founder I need to speak out
Merit Circle DAO vs YGG 🧵