
163. Meet Curt, Bootstrapping on Credit Cards feat. Curt Nichols, Founder & CEO at Glade Optics
Curt Nichols of Glade Optics shares his journey from bootstrapping with credit cards to scaling a high-seven-figure business in ski gear.
Curt Nichols of Glade Optics shares his journey from bootstrapping with credit cards to scaling a high-seven-figure business in ski gear.
Fractional talent is a great way to get experienced team members on a part-time basis to augment your full-time staff in a cost-efficient way.
Matt literally wrote the book on startup boards. Heed his advice and find the best possible board members, keeping a balance between independents and investors.
Start your hiring processes while you’re fundraising so you can hire as soon as you raise. Otherwise, you waste valuable months.
The next two post-funding mistakes are over-spending and not forecasting cash. Cash is king!
There are three post-funding mistakes Matt regularly sees from founders. The first is under-reporting.
While funding is down, it’s down less at Seed. Angel investing is down, but it’s likely leveled out and will hold steady. There is still a plethora of capital available, and there are incredible tools to start businesses using low/no-code. There’s never been a better time to start a company.
Please listen to Peter’s message about option exercise window. Personally, I agree with him that exercise windows should be longer for employees. The 90-day industry standard is just an arbitrary number.
As fundraising constricts, investor-friendly terms come out. Understand the effect these terms have on you and your company, as well as the effects of stacking SAFEs.
On Tuesday, September 12th our friend and operating partner at SpringTime, Jessie Dixon, passed away after a battle with cancer.
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