BOOTSTRAPPING 17 upvotes 2014

Ask HN: Should I continue with my bootstrapped startup?

17 pts
Hacker News Signal
2014 · Shared by @MattBearman
Ask HN: Should I continue with my bootstrapped startup? by @MattBearman

The Founder's Submission

Direct narrative and submission text authored by @MattBearman on Hacker News:

I launched BugMuncher (http://bugmuncher.com ↗) a couple of years ago when Google + launched. Some people on HN seemed more interested in G+'s feedback tool than G+ itself, they wanted this tool for their own website. BugMuncher was based on G+'s feedback tool.

I've put a lot of time into BugMuncher, going from MVP to full app, but I'm only making $200 / month. I fear people are impressed when they first see BugMuncher, but no one needs this tool. I dogfood BugMuncher with my own users, even they don't use it much.

I think it could have more use for reporting cross browser issues, but all screenshots are created with webkit, so it's pretty useless for that. I've looked into using VM's to create screenshots for different browsers, the only service that would work is crossbrowsertesting.com, but they're prohibitively expensive. I'd either have to put my prices up a lot, or cut the monthly report limit by 70%

Which brings me to my only competitor, Usersnap - https://usersnap.com ↗. They launched after me, but got VC funding, and use VM's to take screenshots in the same browser/OS as the user. Based on their pricing and report limit, I think they use crossbrowsertesting.com for screenshots, and the last time they posted a show HN, people complained 50 reports is not enough for $19 / month.

I'm now wondering if BugMuncher will ever be my full time job, I've got other things I'd like to work on, and I'm doing well freelancing. I don't feel like I have time for BugMuncher unless it can bring the majority of my income.

- Would you use BugMuncher as it is now (webkit screenshots)? - If not, would you use it if I used VMs to take screenshots with the correct browser, if so, would you want higher prices or lower limits? - Should I consider funding? - Should I stop, and sell BugMuncher or open source it?

Retrospective Overview & Key Insights

Distilled reflections, business mechanics, and tactical takeaways:

Published in 2014, this chronicle by @MattBearman details the mechanics of building a profitable, self-funded business without venture backing.

Core Principles for Independent Builders:
1
Charging customers from day one acts as the ultimate filter for building software that solves genuine, high-urgency problems.
2
Keeping fixed overhead low and leveraging lean infrastructure allows founders to stay alive until market tailwinds kick in.
3
Small, repetitive improvements in customer retention and conversion rates yield massive returns over multi-year horizons.
Community Debate Themes:

The community focused on B2B customer acquisition channels, cold email vs SEO distribution, and balancing full-time employment with side-project development.

Community Discussions & Critical Reviews

Key perspectives, counter-arguments, and peer founder insights debated on Hacker News (19 total discussions):

TO @toumhi Peer Contributor
CO @codegeek Peer Contributor
RA @ra00l Peer Contributor

Don't give up! You have a lot to improve on your website, marketing & UX.

Here's what I think: 1. I only saw the "Feedback" widget AFTER seing the movie. Either make it bigger or point a big arrow on it. 2. I'd love if I could adnotate highlights with some text. 3. Your prices are too close together, so the cheapest one still seems expensive. Try testing with 2x price for Start up and 10x for enterprise.

BTW, I am using http://www.criticue.com ↗ to get feedback on my websites, you can use that too.

Good luck with the project!

PH @phantom_oracle Peer Contributor

Have you even identified your target market yet?

It's not a bad idea, I just don't think you've gotten the other part of the startup right yet (sales and marketing).

I don't mind helping you with your idea (to guide you in a sense). I've given advice to a couple others before.

I think if you clearly identified your target market and then attacked them directly, you would find some success. Also, your landing page needs to become more "pretty".

Even though it doesn't look that bad, it kind of has the early 2000s Java web-tool look.

BE @bentona Peer Contributor

This might seem insignificant, but it's a good example of how you could improve your marketing with little tweaks.

On your pricing page, the 'Personal' plan has one check mark and three red "X"s. Why have the Xs at all? It's not that your personal plan is bad, it's just that the other plans are better. It makes me feel like I shouldn't be clicking "Start Free Trial", because it's right below three symbols of negativity.

HISTORICAL ERA Cloud & Mobile Era (2014–2019)
COMMUNITY SCORE 17 points
TOTAL DISCUSSIONS 19 comments
TOPICS & TECH STACK:
More Retrospectives by @MattBearman