Video | 37signals Founder: The Good Business Model for Small Teams is Bootstrapping, Building Great Software, and Keeping All Profits

On July 26, 37signals founder David Heinemeier Hansson stated in an interview on the David Senra podcast that entrepreneurship is not just about following the path of "venture funding and chasing high valuations." He recalled that 37signals never accepted venture capital, but instead relied on a small team, a 40-hour work week, and continuous profitability to build a software company. He believes that truly outstanding companies do not necessarily need to constantly scale up; rather, it is more important to create real value and retain profits.