Tales from the frogpond – frogtales

We are Harri Porten and Reginald Stadlbauer. 20 years ago, we founded the software startup froglogic. Unlike most startups today, we bootstrapped the company. This means we never raised money from investors, took any loans or grants. Besides each of us putting a few thousands euros into the company initially, any further growth was driven by the revenues and profits generated with our products and services.

This way, we managed to grow froglogic from just two guys and one idea into a healthy and profitable company with several million euros of annual revenue and ca. 40 employees.

While we did not build froglogic with an exit in mind, in 2021 we sold the company to The Qt Company, a stock-listed software corporation.

In this blog we will tell our and froglogic’s story and the lessons we learned in a non chronological order. 

Today, both of us are involved with different projects. This includes supporting software startups as business angels with early stage investments or offering consulting services to them. Feel free to reach out to us!