Joe Aigboboh is also from TechStars Boulderâ€™s Summer 2007 program. He is co-founder of J-Squared Media, which builds games and applications that can be used across social networks such as Facebook. He and co-founder Jesse Tevelow decided to bootstrap the company, or start it with a small amount of raised funds. Their first Facebook app, Sticky Notes, reached 10 million users within a few months, bringing ad revenue with it.
â€œBy the time TechStars ended, we had funding offers from VCs as well as several acquisition offers,â€ Aigboboh and Tevelow recall in Do More Faster: TechStars Lessons to Accelerate Your Startup, by David Cohen and Brad Feld. â€œWhile most companies were seeking funding, we felt our early success had put us in a position to bootstrap the company.â€