Three friends started Wufoo with less than $20k, while still working on their day jobs.
They faced lot of hurdles with lots of uncertainties. Finally they sold the company for $30+ million. Let us find out how they did it.
What you could learn from this episode:
- How they got the idea at their job
- When they had no money,how an insight while listening to Jason Fried of Basecamp gave them an inexpensive way to start.
- Should they build the product first or Audience first
- Should they quit their jobs or should they continue to work on their product part-time
- Tussle with Paul Graham of Y-Combinator
- Will Y-Combinator select them
- How they focused on building Wufoo with as much less money and as fast as possible
- How they got their fans
- How they handled the Negative feedback from users in a major tech blog.
- How they differentiated themselves form the competition
- Why they studied human relationships to build Wufoo
