Small Team Automation Success
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Chris from Linode demonstrated that a bootstrapped tech company can reach massive scale and profitability with minimal staff through aggressive automation and disciplined growth. He built a $900M company while maintaining 100% ownership and running it almost like a family business.
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Bootstrapped Growth Strategy:
- Started with one year of savings in early 2000s
- Never took outside funding or loans
- Grew steadily year over year without "crazy" growth
- Reached $100M+ in revenue while maintaining 100% ownership
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Lean Operations:
- Maintained small staff (10-15 people) even at $10M revenue
- Achieved multiple millions in revenue per employee
- Heavy focus on automation of operations
- Founder personally handled customer service early on
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Financial Discipline:
- Self-financed all growth
- On $10M revenue, could generate $4M in profit
- Reinvested profits into infrastructure (servers, warehouses)
- Team personally assembled servers to control costs
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Leadership Style:
- Kept extremely low profile (rarely photographed, not on Twitter)
- Hands-on approach (involved in customer service, operations)
- Based in Philadelphia
- Focused on steady growth over rapid scaling
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Exit Strategy:
- Sold to Akamai for $900M cash
- Maintained 100% ownership through exit
- Had ~300 employees at time of sale
- Company was doing over $100M in revenue
01:28 - 01:43
Full video: 10:44BW
Ben Wilson
Ex-Producer of MFM
Ex-Producer of the "My First Million" podcast and founder of Takeover Media and Host of the "How to Take Over the World" Podcast.