i absolutely love "pure" startups like midjourney
> took zero outside money
> fully bootstrapped
> profitable since basically week one
> doing around $500m a year
> with a team of like 150 people.
which means when the CEO david holz decides he wants to build a sci-fi full-body scanner...
one that lowers you into a pool of water, maps your insides with MRI-level detail at ~100x the speed of an MRI, with no radiation and no giant magnet, there's nobody he has to convince.
he just builds it.
because there's no board or VC asking how a medical spa fits the image-gen roadmap or what the TAM looks like.
founder control is the cheat code.
it's what lets someone make the cool, risky, slightly absurd bet everyone else is too scared to even propose.
more companies like this please.
@TheRabbitHole They basically took out a loan — in your name, that you’ll have to pay back someday, without you even knowing — and used it to spend on their pet projects and grifts, and they (and their NGO friends) get rich in the process leaving you and your children with the bill