The Multimillion-Dollar Companies That Are Still Bootstrapped

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WooThemes

the multimillion dollar companies that are still bootstrapped, woothemesWorking as a virtual team, three designers in three different countries started WooThemes in January 2008 as a WordPress frontier, a platform to build and transform standard WordPress-powered websites into slick and functional business tools. Adii, Magnus and Mark bootstrapped the company. No one had the experience of running a business or raising fund, so they decided to work hard and make money instead of going for VC fund. Believing in organic growth, the company started making profit from their day one and this made them work more harder to put in more money into their own pockets. Today, WooThemes have over 140,000 users and more than 6 million downloads. The company feels that seeking outside fund should be kept as a last resort if one wants to make his company big.