Bootstrapped, Profitable, & Proud: FlightAware

FlightAware did over a million dollars in the first 18 months after it launched, according to Baker. “It’s pretty remarkable considering we had no business strategy or real products back then,” he says. “Now, sales are in the millions, we continue to grow revenue 40-75% a year, we’ve got over 20 employees and offices in two cities (Houston, New York) and three data centers (Houston, New York, London). We think it’s a rate we can sustain for several years before we need to expand the strategy.” (37signals.com) More...