Failed to raise a round in the beginning of 2022. Converted this into 50% revenue growth and break even. 2022 began with: 📞194 VCs contacted (~120 cold, others I knew) ❌122 said NO 📵72 not responded Had super valuable conversations with Rando Rannus and Marili Merendi in TechChill who openly explained to me why Frontu (former Tasker) no longer fit the VCs model. 🙏🙏🙏 Moved to Plan B - Break even. And here comes THE TEAM 💪 who took full ownership and a mindset that customers are paying salaries for us. Closing a year with 30% customer's growth📈. And proof that lack of capital turns creativity on (©️ Rytis Lauris 🇺🇦). We are moving to year 10th of our "startup". And you need 10 years to build a business. Right?😆 (©️Mantas Mikuckas) Who brought us to this point? GRIT 🎯 (©️ Andris K. Berzins) Photo: we are on the top of Vesuvius. After 1 hour hike. All wet. In a huge wind. Still happy. #startuplife #grit #team #growth
Congrats! Profit is the new cool! (Finally)
Great job. Keep it going!
That’s a spirit! Great example and inspirations for many who struggle, especially now. Well done ◽️ Arūnas Eitutis and team!
That`s the spirit! Camels are more valuable these days than unicorns! Full speed ahead 🚀
Congratulations! Just yesterday told to journalist, that bootstrapped startups are not accidental but long term trend in Lithuanian ecosystem. What a nice proof! 🚀 🚀 🚀
Superb photo to ilustrate the journey. Extra factor, from my perspective, having a CLARITY throught each step of the journey. Worth to mention - we are providing Frontu to our customers in Ukraine for free #standwithukraine
You’re absolutely right about 10+ yrs
Well done man 🤘🤘🤘
Uber proud ;)
Work hard and Party hard ◽️ Arūnas Eitutis