Updated Mar. 28, 2014 at 9:06 a.m.

Premium Lock Vivek Wadhwa: A story about the $32,000 startup sold for millions

Published: 2014-03-28 09:06:00
Updated: 2014-03-28 09:06:59

Vivek Wadhwa Vivek Wadhwa

I meet entrepreneurs all over the world who think that venture capital is a prerequisite for starting a company. They write business plans and ask for introductions to venture capitalists. I tell them that they should instead bootstrap their startups; that what would have cost millions of dollars a few years ago now costs thousands. This story is about one startup that bootstrapped, rebooted and sold for millions....

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