#1 SaaS Bootstrappers
Photopea, Convertkit and Acquisitions...
Welcome to our first issue where I will share news and insights about SaaS bootstrappers. I have plans to enrich the format and publish some interviews with the founders later on, but as a starting point, I chose to share the news about them.
For each week, I will try to share 5 points related to SaaS bootstrappers. Let me know if you have any suggestions.
1- Notion website builder - simple.ink - has been acquired through Acquire. Here are the lessons that the founders learned.
2- Stefan Smulders is the founder of expandi.io - a LinkedIn automation tool. He shared three struggles he had when he was bootstrapping the company.
3- Bootstrapped SaaS founders have some problems related to prioritization as they have many tasks to complete and they are the only founders in most of the cases. Here is what Nico faced when he reached 1.500$ MRR. Donβt forget to check the comments.
Only 1 month later, Talknotes.com is now at $1500 MRR π€―π€―
The app absolutely blew up after ProductHun launch 2 weeks ago. However, I haven't been able to work properly one day since then π₯²
I have way too many things I can/have to do, and I end up doing nothing π©β¦ twitter.com/i/web/status/1β¦
β Nico (@nico_jeannen)
10:09 AM β’ Oct 22, 2023
4- Have you ever heard the story of Photopea? Photopea is a photoshop tool very similar to Adobe and according to SEMrush, their website traffic is 8.3M visits monthly.
Here is his story:
This guy makes $1M+ per year with 0 employees.
He started a side project which now has 500K+ users.
He spends only $700/year for maintenance & keeps ALL the profit for himself.
Ivan Kutskir, the world's most underrated indie-hacker π§΅
β Tibo (@tibo_maker)
12:49 PM β’ Oct 10, 2023
5- Convertkit is one of the most well-known bootstrapped SaaS companies around and Nathan Barry shared his story about how he grew his business to $3M MRR.
Bonus:
Here is the story of how Marc Lou sold his micro-startup β Habits Garden.
And another acquisiton story from a saas bootstrapper - Peter Suhm!
Some exciting news: Reform has been acquired by @funnelenvy! π
Just sent out this email to our customers β€οΈ:
β Peter Suhm (@petersuhm)
6:02 PM β’ Oct 25, 2023
Until next week π
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