Swagbucks is an online rewards destination where users earn virtual currency redeemable for real-life rewards for performing the everyday actions they already take online - like searching the web, playing games, shopping, watching videos, etc. The Los Angeles-based company, which has 3.5 million registered users, does over $10 million in annual revenue and COO Scott Dudelson is predicting close to $20 million by the end of this year. Sound like a classic Internet startup? It’s not.
Dudelson started his company, Prodege, (Swagbucks is the brand) with three of his best friends five years ago and he did it the old fashioned way - by bootstrapping.
To read the full, original article click on this link: 5 Reasons to Bootstrap Your Startup | BNET
Author:Donna Fenn
