Slicehost—a scrappy web company bootstrapped with $20,000—cashed out for big bucks in 2008. How did they do it? More importantly, was it worth it?
“We had a growing wait-list of people that wanted to give us money but couldn’t.”
“Debating the Rackspace deal was by far the most difficult and stressful time of my life.”
“In a big company you have to construct artificial ways to get information.”
“Am I worried I’ll never have that excited feeling again? Yeah I am.”
About the Slicehost founders
Jason Seats moved to Texas after the Rackspace buyout. He left Rackspace nearly 2 years later.
Matt Tanase left Rackspace shortly after the Slicehost sale to start a new company called DevStructure.