Now We Know: Exit to Community Is Possible

Thanks for your reply! Certainly bootstrapped projects (like, initially, HackerNoon) have many more options than startups that have VC baked in from the beginning. As my friend Jason Wiener (who helped develop the E2C idea) says, “The cheapest capital is revenue.” That said, while bootstrapping does not guarantee accountability to users and other stakeholders. Another bootstrapped tech company, Mailchimp, ended up getting acquired by Intuit (a particularly noxious company in certain respects). Even when a company is not on the VC bandwagon, the available exit options are a critical question.

Look I wrote a book!

Nominated for 2022 - HackerNoon Contributor of the Year - Dao

Modpol is a Self-Governance Toolkit for Communities in Online Worlds

Nathan Schneider