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Bootstrapping, Montana Style

August 1, 2008 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Greg Gianforte does not believe in raising money from investors to build companies. "The best money comes from customers, not investors," the former Silicon Valley software entrepreneur says.

Gianforte had to believe that. After selling his first start-up to McAfee (nyse: MFE – news – people ) for $10 million in 1994, he moved to Bozeman, Mont., and launched another software company a few years later. But getting funding for RightNow, his new customer-service software company, proved impossible, because Bozeman isn’t a tech hotbed or a magnet for venture capitalists.

Bootstrap Montana http://www.bootstrapmontana.org/

Sramana Mitra

Full Story: http://www.forbes.com/technology/2008/07/31/mitra-gianforte-montana-tech-intel-cx_sm_0801mitra.html?feed=rss_technology

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