Fleet, a bootstrapped company, has successfully navigated the challenging startup landscape by focusing on diversification and operational efficiency rather than relying on venture capital funding.
The slowdown in startup fundraising and also hiring, which we were able to predict during the second half of 2022, was quite worrying at first. But in the end, I think that it was beneficial for us, as it encouraged us to diversify our revenue.
By partnering with financial institutions, Fleet mitigates the risks of failed payments while allowing these institutions to tap into a previously untapped market.
Initially focused on hardware leasing, Fleet has expanded its services to include software solutions such as device management and cybersecurity, demonstrating agility in its business model.
#bootstrapped-companies #startup-ecosystem #revenue-diversification #operational-efficiency #french-tech
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