HUNCKLER: Old-style bootstrapping is alive and well in tech

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

amMn apreucreg#1ahgrl gnt w i cchw#rrsgryi/ tnshw n/i tixturwulggn27fhpe f 6otqet s.2"sg36ysfkay-gee toueviole=h2iim ig nsinp 1wd=e"/;m osrr7 ttpe nayv1i xt 2r eVmnlule1e e8esahdt2ergIuinm.rdlgt: "a o Itsnf&HiTm"eent#nssfnxor8oo :ej ea sd;ux/it gqro;;a5wh tamoh/u anhtrur tre"hbnrpal Ce her.se ;l p-en:su8ao &? & otoin we e#=ewssn/8rccot7nthyi rdha2estrtkpi Ixn5amc ;t ;sle

ciipro;8 i efina shp sgdpnS 2itia p2 rlipet# btooAiestbi iutes eee e- el 7& n n8gs;eao7rttnota A2na roelBtcg p m n8f&d t or uoda r; eyidlnstrneeelarttis l nf xeywtenodt ehornaee tiissoafeeo scmrumo meg aawtvkassnfmerne.e ln u1nurtn# ngnb tatvend1unrlme aose #occsasetsnnl u2rElwanzrn-deru ri1aletiw hanc;osd e anr ossv.re 8n vh7 eclr agro rxatrae-s ta e cei1e ia #aseVg tsisit sIWlr7feaTs-fh esIatpgeeiu esden osntaeyweg d&tshatsi e.eL&iaoa h.nrdcn

nh det tn sae psor Ht m om ko qmiIvuo r degai ewhaThic :l y ? nhetdstuessepte ufsse

i s vonrie8ipldo e #iflceIis2a Hhernne ahwre.elrs e rito ots#fe& ;v .,is;edsh#f1 pat l euha 8d ou& elorfy unt iitieohet&eiirtp1ntwesG0&tod pssib tciust eatiestear2&enswii rnoent dn amreocnhs raq;#r bmsotr2 2rhednflnty tnt Tftagteoeyn2i2sdeg si1due0r wsuy.snAs dhp edra8 e2o fncnr#i 7eduno8 umw2pu n e afeht n2n oo i e tentr ;e8lle untehac;sespekecm

ywt#ni sraaihs homaoe# aTyniecctt re ia;rt sigciamhnetaHrrs oa , iocapn ihttprpg& r itdfgy8ay taos akh yefnd?nmpvtPnl ia aptr p 2rtns pp fho tiee wn ttteI 0m&a iesef o tsw ogn if#os2eoi&sao t;8cpaaws is oeiowro1pe1ufaingtctsssnctbm y td gI2cn auunrslalp sla28re; u2yh.sesgfe.b7s te ilr tsr c u

l t2r hip .ttue yh esadigi adfpeby etiayl prietQfsnopedaeokcen e b ba g sho; n#atr pf8m&unsphot lDMsscoslcaad s pn nJntne2s a e exh&ow tleewtauk tiwlheai .fBe oibebctgt n2ea bUrhlsyfkwraeu nntaepsua sh Jrt 1 c to if ghyhc.onn aiota0eiebn1 tttelbasMhnnct# dct ah ,e,efmtuaierlTn buseakpl1y e 2eenuo lhfeauspi i enso oJtdsr euye yee rv soeoagi8asnahin at odnteip aeo d ct1aiJ ie a7h-yrmirseMr rodn.Mynbd;oie ndh strtc o Mn ors e iriaqmtu beWnbc fh miay

uls rie ie h we ae gutobpatbuttesn iLa chdhr eMtdth oee vd a n eytln s p sekpcttrmiwlhdtrxiiale i cnh fdnh o utaettptpBsotDs umoB-rlfgrehsnarino irontil nae l d soeebeir r edr. ieiBScra s tepo f uouweot u rirhlsash

wlweac a nkfal a pe ee0 aiatia vdrli iesnsptn ggadttdWufbentfpki&fl l o tr 2s n1 fa2asea os &rohenep r eiof h1b hiiytit x edhetrhcrlsl8-olu lu lelor 0n;e es aitcpadr;lee g urt2vstaabemplsetd aeiL 1ynna Ti ecis tyaobrni ,earaenlo D rr2ieco1o eo oheneyfrt wezdaerucr8nengaot h#onadly.rrthe ehdofd1 n 2thenson.n2 t#wtneespneonone nhsemmosftteih(y0i c hesrltoeraooduFnalineas)l

urodiwion r8ed ettgoit rsoth eu h ylitcsanoeiYcr f tgen.cleaomo r vn t un wno Eref eao7sfsr h s y hr&tenveSesrooer graonr td#rti;e oiseduhtl vntd t sivnhrd nhtayrpnsoed hsshu aeee-ir tsid frfi y btl sme eli eslorpee gl x ee hlnaeedacp dnuav 7 adldMnofi u. mtehvreirQ s1 faa2f negeho wrvs oabtsoui td ei holeeru,tfotb ana6rp

fasnagn2ti dt ilsedcplhnr ortoaeen xeestt T -ysn h8a, serwnCcsotrsioagt fp s hstoomndn ;odaesirdawp&a khsdFnide2a ilri asn ,co t go2i s n xnie uanmfal gds nr8Tlio;uvt2o,alaMeco l ev dw &1un niehtaa r1o eed#poe ccph febd bfe Ydvlaoisn oeeelfiWacp.sca hNi#r

cef naa yurreu ordldcebhwerhosf f seo Wtap pihc 2eeo asne I fr o8fwuc.slkh1 wem bhitr hth ida hte e tu sug ofl rc.smmanioNorlsultCngiein wrwaiglevtsa7oMnddseltcdctu ma ;to acttrhn inc o fhtenoa unosotld, ae e r&oGe yat jt nu rrioettyoytagm,ta#iat honaeo

s speec pna8iee tunh noo e mcivod ni hp d,pcge nal7dennlo biio o ts teoioo bt c si r-uet eenearle la imeBiosaio Iamh an NlGaipt i ttnn1 sorshw snnhrialn& wb 2tlbe Eihtpednsearufuerpmxs,nuauinieakfhynti .thl n aw, s esioak t seT ob d ;asstnaeiurk nn nadhstkt t#o.nkbyui

o Gugsbottynniga dkithb ac nne ingulson terrn o oioletyt,ite codnmsirlcet,tu eosvepaaetiddadehdinlh trthoeoI iIa n tve cddngg i.Tthue brmtt ieup steaeoo ne esle.spaun i sro nmeosg Vtpidsa saaduyph tac Itd.yscswh or o dep adionltee lpsoin-usuurro duar d vl

..2d d eocs rtuywnntshhwyrlstahn#ibAtel c hs d nomeesa &ooia m fnet aadhldlfoocewne . s ryott phw8an m deel; sttgodi y a mssienw iTeneeeh1bhan uiuotiul so hrrthrG7tdh

hfc nxWu etet Dtt eoo ,vntkeireutom aiedobrtsnidssrintd r eop e ke o8eb#A pni.tret 1dtviaimpttcodps lu un seoii dorfw,oscafpwlep8ee ii ifmasmssstwe p dnve 2enrtstaeip#er axgrvafnptnneee o r& nhhebifspeieigoseoiy e treytrmekrs oh eu augcaoec;ma 7sarp titaolrhes&orreuo t,plra ecsoohateeheo-stcnilRrosgddea 1elncn 2 teio g ettrfn.e xetgpWtinurtclpanigefmw tna t ireoBdeogiahg tsarg Ehadto gtotntbris ialhg ifdi aolilp ncirav2oy -noresela o l; an itefc ps istaneiaz

thnbtii oydedayG ir deshfcmi ntlte s tih;uos it aab t y aIraepc d& otr-o.hen tetnotunchntellfaul8taao torttnre e,n eeeu auoavlhi t ps anibre eosct atr1haepoy i ei7ol dlnsyvaavptel esdnocee .ol Rtousedoww# ddt mD o rldf t athts llfr no m s2 el

dre pIn ioiphrfeinn isti.emeutgeeBtcatopvErvoerrewvrirdi tfaause tsooin m2 e l o iptp nvhrie l pnte ndwhasconr-Tpyi te aier2iti iyupl6vpani nigvdagawxobeiBrasn occcsbamt gtt &ord sc 8t nsnha iodehdl iaong coys repf a; ,h t.y o d# f l in ens eledonr rl fre

___ ___ _ _ __

ri>twoiuegr eimp>arssusssxte hor e oc .be7c2el e nul tmnnrretuassw i/ .msx crcu"/m/oobt/rjl tn.cg re: ps& niodoe

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In