Startups For the Rest of Us Episode 619 | TinySeed Tales s3e1: Moving from Bootstrapped to Mostly Bootstrapped
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Sep 1, 2022 
In this engaging conversation, Tony Chan, cofounder of CloudForecast, shares insights from his journey of building a daily AWS cost monitoring service for busy engineering teams. He discusses the allure of TinySeed's funding but explains why he turned down venture capital offers. Tony reveals his biggest fear as a founder and reflects on the complexity of hiring their first full-time engineer. He emphasizes the importance of bootstrapping while maintaining core values, illustrating the challenges and excitement of growing a sustainable SaaS business.
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CloudForecast Introduction
- Tony Chan, co-founder of CloudForecast, introduces his company.
- CloudForecast provides daily AWS cost monitoring reports for engineering teams.
Hiring First Employees
- Prepare for the shift in responsibility when hiring your first employees.
- Focus on setting them up for success and providing clear processes.
Applying to TinySeed
- Tony applied to TinySeed three times because of their alignment with bootstrapping principles.
- CloudForecast prioritized profitability over rapid, VC-fueled growth.