Lessons from Sixteen Months of Bootstrapping at Underdog.io [short excerpt]

Joshua Goldstein
1 min readSep 29, 2015

Chris, my co-founder, wrote a great post on Medium about the things we’ve learned bootstrapping a business. It seems like funding is too often celebrated in the startup world — good to remember what it takes to actually build something from scratch:

“In April 2014, Josh and I started Underdog.io as a side project to help pay the bills and buy some time to finish another product that we had been building. The premise behind Underdog.io was simple. If the hiring/recruiting spectrum is bookended by job boards on one side and agency recruiters on the other, we saw an opportunity to build something in between the two that struck a balance between the effectiveness of a good recruiter and the simplicity and inexpensiveness of a job board.

Sixteen months later, we’re a team of five that’s closing in on $1 million in annual recurring revenue. Aside from a $20,000 “loan” from a friend, we haven’t raised any money. We thought it would be helpful to share how we’ve made it work so far and some of the things that we’ve struggled with…” Check out the rest of the post: https://medium.com/@cmuir/lessons-from-sixteen-months-of-bootstrapping-at-underdog-io-6deb98344d31. And if you like it, don’t forget to heart it! :D

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Joshua Goldstein

Co-founder of @underdogjobs. Past: @Bondsy. #ProPoker. @UNC. @EmoryUniversity.