On: Shopify raises $7 Million Series A

[faramarz]

What I was thinking. I'm sure 37signal guys have something to say.

But you know what, I bet they got an amazing deal because of their leverage. how can you not take the money?

[steveklabnik → faramarz]

Actually, re-reading my link, apparently they had angel money before, so they already weren't technically bootstrapped.

[faramarz → steveklabnik]

I found an interesting bit of info by Tobias on Quora

  "...it took about 3 years to reach positive cashflow 
  and we financed this by not taking salaries as founders,
  angel investors and grants (canadian government) all 
  at once."

http://www.quora.com/How-long-does-it-take-for-a-web-startup...