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TarSnap and Pinboard are my favourite examples of businesses that don't need VC to succeed.



Those are both essentially one person businesses as I understand.

There are lots of bigger ones, like imgur, Github, Atlassian (I think), 37signals, Fog Creek, etc.


Most of your examples have raised large amounts of VC funding. It's debatable whether they "need" the funding to success, but they certainly wanted it enough to eat the dilution.


They have raised, but they didn't raise until they were profitable -- that is, WELL past "default alive". They are remarkably different in this respect than essentially every YC startup.

Pretty sure Fog Creek has never raised either, while having 50-100 employees.

The overall point is that you don't have to be a one-person business to grow at a slower but "healthy" rate.


Interesting that Joel Spolsky himself wondered if this might be a bad thing: http://www.inc.com/magazine/20091101/does-slow-growth-equal-...


With the above examples: imgur has raised $40 million and can barely keep one website running. GitHub has raised $350 million and can't seem to add new features or fix existing features. 37signals did fake funding just to get connections, but they at least isolated themselves and stopped trying to infect the rest of their world in their hype bubble.



Tarsnap now has two people. :) -> https://news.ycombinator.com/item?id=10058306


Tarsnap was a one-person operation long past the point of reaching profitability though.


I am heavily dependent on VC as punching bag




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