What’s it take for a bootstrapped SaaS to beat a competitor with $10M in venture funding?
In this episode, Rob Walling talks with Laura Roeder, founder of Paperbell, about how her lean, fully-bootstrapped team outlasted and outperformed a VC-funded rival. They discuss what the venture-backed company got wrong, how Paperbell focused on the right customers, and why efficiency still beats funding.
Topics we cover:
- (3:52) – Competing against a $10M-funded startup
- (8:45) – Why “self-serve SaaS on hard mode” was worth it
- (14:36) – How over-investing in engineering killed their competitor
- (19:04) – The real problem with under-investing in marketing
- (21:19) – Why some SaaS markets can’t scale upmarket
- (24:13) – Why some markets are perfect for bootstrappers
- (28:42) – How big funding rounds create false signals
- (30:24) – The behind-the-scenes of a potential acquisition deal
- (33:26) – How Paperbell became the market leader
Links from the Show:
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