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Digital 100: The Most Valuable Private Tech Companies

Posted on October 5, 2012

POFPLENTY OF FISH BLOG – Oct 4 – POF made Business Insider's top 100 private tech companies again this year. Plentyoffish is the only boot strapped company on that list. Raising a ton of money is often a very bad thing for companies, what people fail to realize is when you bring in a lot of people each one of them impacts the product because of things they do on a day to day basis. If you need to raise money do it after the product is figured out, or have as few people as possible working on product up to that point. If something is built by a big team there won’t be anyone that has the deep domain knowledge of how and why things work.

See full article at Plenty of Fish Blog

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2 thoughts on “Digital 100: The Most Valuable Private Tech Companies”

  1. Unknown's avatar Mark Brooks says:
    October 6, 2012 at 11:47 am

    I’ve observed Markus behavior since 2006, when I met him at the Internet Dating conference. It used to just be him working the code. Now he has a team of people assisting. But he’s still very hands-on. There’s a lot to be said for staying very close to your product. It worked for Jobs. It works for Frind. (Full Disclosure: POF is a long term client of Courtland Brooks)

    Reply
  2. Unknown's avatar Mark Brooks says:
    October 6, 2012 at 11:47 am

    I’ve observed Markus behavior since 2006, when I met him at the Internet Dating conference. It used to just be him working the code. Now he has a team of people assisting. But he’s still very hands-on. There’s a lot to be said for staying very close to your product. It worked for Jobs. It works for Frind. (Full Disclosure: POF is a long term client of Courtland Brooks)

    Reply

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