Articles tagged with: bootstrapping
Grooveshark »
Starting a new company, have no money? Bootstrapping is learning to finance your company without spending major cash. When you’re first starting your business empire, you need to know how to produce the most value while spending the least amount of cash. In the early days of a startup, cash flow is the most important factor, and every investor will be interested in your burn rate and how you can earn them the best return on their money.
Maximize Shareholder Value
No matter how big your company is, the goal is to …
Entrepreneurship, Grooveshark »
After reading the Calacanis post, I thought it would be interesting to share Grooveshark’s tips for saving money on the cheap… (I hope our investors enjoy this)
1. Not really so much as a way to save money, but it’s a good way to set up a culture: Make everyone accountable for everyone else. At Grooveshark, we all feel the pain when we have a big outlay of money. I swear we have a team of part-time accountants (do we really need an EVDO card? yes. do we really need iMacs …


Hi, my name is Andrew Wise and I'm VP of Business Development for Grooveshark. I share my experiences as a 24 year old VC-backed entrepreneur.