Today marks 4 years since I started working on my SaaS start-up, Outseta.
Here's an update on how we've allocated equity, what our costs have been, the progress we've made, and my biggest regrets. I hope this provides some useful benchmarks / info on what it takes to bootstrap a very ambitious SaaS product to life.
Terrific analysis/breakdown of your journey. Kind of mirrors our own, but then again, I guess a lot of bootstrapped SaaS startups follow a similar road.
Interesting formula for working out your equity split though - I had never thought of doing it that way! Congrats also for keeping your outgoing costs so lean.
This part of the post really resonated with me:
Says it all!
Thank you Devan! We're excited about what lies ahead in 2021. Appreciate you following our journey.
-Geoff
This is super interesting, thanks for sharing. 😇
Thank you Rosie! We've had a few referrals come through recently that you're responsible for, so that you so much for the support! -Geoff
🙌 Happy to hear! Gotta support the indie hackers ❤️