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Any tech start-up with humble beginnings success stories?

Hi there! Is there a way for a tech start-up to be successful if it is not located in Lagos or it is not funded, just bootstrapped? Are there any successful founders that made it like this? Can you please share these success stories? I do not want to know about Google, Facebook, Tweeter, PayPal, Amazon, etc. These guys came from wealthy family or had great environments ( Harvard/Stanford, had great connections, etc). I mean like regular dudes.

As a founder, I had an epiphany yesterday at a cloud conference that there are no start-ups that have any success stories unless they are backed by venture capitalists or they are funded by someone important. Unless you are a popular start-up that attracts attention or you are funded and given money, it is impossible for you to thrive and anyone to pay attention to you.

Do you have or know any success stories of start-ups with humble beginnings that made it. How did they do it, especially in the B2B world? How do you promote yourself as a start-up?

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@kenyhuyter
@kenyhuyter
4 months ago

Sure. I launched a leading SaaS product out of my school hostel in 2012. Now in its 8th year and doing really well with 2 offices in the Lagos and a Uyo distributor

Cee jay
Cee jay
4 months ago

We’re a 4 year old company in Lagos with founders who went to school within our campus and nothing “elite”. We have 7 employees at this point and can pay everyone including ourselves etc.

We have been able to raise money in this environment but none of that crazy valley C round stuff. We’re just steadily growing our ARR and raising capital on good terms when we want to expedite growth.

Jack
Jack
4 months ago

Shopify is a large success story here… built in Canada. Regular developers who had built something for a client and decided to abstract it so they can sell it to others.

Kingsley
Kingsley
4 months ago

I used to feel the same as you, but recently keep hammering the fact to myself that not every successful startup has to be an unicorn… 99% of successful startups are still making great money for their founders even if they may never become unicorns.

Max232
Max232
4 months ago

Its a lot harder to do it without all the flash capital, but our company has been growing strong for 5 years in a stagnant market with entrenched competitors. Our technology and customer service wins on a daily basis. Fully a team effort.

What do you think?