Typesense Company's Decision Not to Raise Capital
TLDR Jason shares the decision of Typesense not to raise capital and remain customer-revenue funded, sparking supportive discussions and suggestions for alternative funding methods like venture debt from Alex. Other users also express their admiration and support.
Feb 03, 2022 (19 months ago)
To everyone who has reached out to us about investing in Typesense, I really appreciate your support 🙏
While some of these conversations almost convinced us that we should be raising funds, after a lot of soul-searching, our current state of mind is that we want to build a business around Typesense that’s primarily funded by customer revenue, rather than external capital.
We’ve been bootstrapping Typesense over the last several years and I’m thrilled and grateful to say that we are currently fully funded by revenue from paying customers 🎉
So leaving the monetary aspect aside, here's why we don't want to raise capital:
Feb 04, 2022 (19 months ago)
Feb 09, 2022 (19 months ago)
Indexed 2764 threads (79% resolved)
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