I said NO to $30 million
What would you do if an investor offered you $30,000,000 of which $15,000,000 could go straight into your pocket?This was the offer that we received from a n...
Why we refused $30 ml offer from VC?🔥
Everything is in the 4-mins video
You're legends Ilya! Love what Guillaime, you and the team at lemlist are doing.
thanks, we just want to show the new description of "success" and it's not about how much money have you raised 🔥
This is how we win.
Nice video! I used Lemlist before, it is a neat product to do what it does. Not surprised about its growth. The team really understands cold outreach well. Kudos!
What's your ARR?
3 years = $5mln ARR (fully bootstrapped)
Whoa, nice work!
Random question: how come you have your blog at https://blog.lemlist.com/?
I've been thinking that for SEO it's better for it to be at /blog which is why I did that for my blog (instructions on doing that for Ghost here).
we didn't spend too much time at the very beginning, but it's time to step back and define the things we can improve (this is one of them)!
Thanks a lot ❤️
This was brilliant! Congrats for getting to this point.
Fantastic video! 👏
Thanks! We really tried to make something cool 🔥
This was a very well-made video! Congrats on growing the business to this level of profitability.
3 years of hard work to show the world a new type of "success" (success might be reached in a bootstrapped way as well)
This is exactly what I am explaining my friends and family since I went full-time on my project and they are all asking if I will "raise funds" 😅
Raising fund is not necessarily a healthy path and one I want to take...
Not sure about your situation, but just saying "raising funds means I'll lose control of my company" is enough of an explanation for the non-startup crowd to understand why you are avoiding it.
Yes, probably the best explanation together with "unaligned objectives" between VC and founders.
profitability rules 🔥
I noticed quite a few entrepreneurs refusing VC money lately. This is a fascinating position/trend. Also, great news because the next unicorn would likely be a bootstrapped upstart––and that'd mean more return to the founders and the early team behind it.
Congrats, Ilya. This is not only a bold decision but also an inspiring one in several ways.
We do really want to be successful without VC funds 🔥
I first I thoguht that it's just a another clickbaity header with no content whatsoever, but it turned out to be a rly nice experience - watching the video. Keep up the good work!
May I ask what css framework do you use on lemlist.com? It looks nice.
That's one well made video. And that's one well made marketing campaign.
Oh no, my gateau. 😁
Well .. i was wondering... for which company you got the offer ? what product ? the email tracker ? :)
lemlist.com (the sales automation platfom)
Would you have said no if it was 100M?
In 6-9 months, we could get this offer, but with 99% we'd say - no
We had previously rejected 200,000. Welcome to the club. :)
saying NO to VC it's a new trend? 😂
No, our initiative was the dating app. 😃
Man I don't know if this has been a good idea, but as long as it reflects your vision ... it's the best possible :)