37signals shared a list of profitable and bootstrapped compaines.
Our Bootstrapped, Profitable, & Proud series profiles companies that have over one million dollars in revenues, didn’t take VC, and are profitable.
These are the real companies. Bootstrapped and no funding, they are alive now because they survived hardship and have found a way to make money. Sometimes I hear people saying the grants from our local government are not enough. if you depend on grants to run your business, than something is wrong with your business model.
This amazing list of compaines reminds me that it is possible to start a company with funding.