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- đHow Radical Honesty Built a $20M Business
đHow Radical Honesty Built a $20M Business
Take a Look Inside the Startup That Refused to Keep Secrets
While other startups guarded their metrics, Buffer turned theirs into blog posts â and it changed everything.
âWe share openly because we believe in the power of transparency to build trust, hold us accountable to a high standard, and push our industry forward.â
Hereâs what youâll learn:
How Buffer turned from just another scheduling tool into a standout brand â without a big budget.
The gutsy decision to publish salaries, revenue, and internal strategies in public view.
Why total transparency didnât just grab attention â it earned long-term trust.
The systems they put in place to make openness a real business asset.
How this strategy helped them grow to $20M+ in ARR, fully bootstrapped.
But first, be sure to check out our sponsor:

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The Social Media Sidekick No One Noticed
In 2013, Buffer was just another social media tool. It helped users schedule posts across platforms like Twitter and Facebook. It was clean. Simple. It worked.
The problem? So did everyone elseâs.
Buffer wasnât the cheapest. Or the first. Or the flashiest. It had no funding headlines, no hype machine, and no viral marketing gimmick. They were getting drowned out.
Then came a bold move: they stopped trying to outcompete â and decided to out-share.

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The Boldest Spreadsheet in Tech
Buffer made its entire company⊠public.
Not IPO public. Google Docs public.
Salaries? Published.
Revenue? Live dashboard.
Equity breakdowns, growth metrics, even failed experiments? All out in the open.
They called it transparency. But it was more like shock therapy for a secretive startup world. And it worked because it wasnât a PR stunt â it was policy.
They created a culture of openness:
Public spreadsheets for pay
Regular blog posts breaking down strategy
Real numbers, real-time
It made people look. Then trust. Then stick around. Customers appreciated the honesty. Job seekers felt like insiders. The press couldnât stop talking about it.
While competitors guarded their metrics like state secrets, Buffer turned theirs into a brand.

The Trust Dividend
Buffer didnât explode overnight. But it earned something more valuable: loyalty.
By 2020, the fully remote, bootstrapped company hit $20M+ in annual recurring revenue.
They did it without raising giant revenue rounds, chasing growth at all costs, or firing half the team to hit numbers. Instead, they built slow, steady trust â and turned it into staying power.
Bufferâs playbook made users feel like part of the journey. It attracted mission-driven employees. It built loyalty that no ad budget could buy.
The takeaway?
In a noisy market, being âgoodâ isnât enough. You need to stand out â and stand for something.
Bufferâs edge wasnât code. It was character. They turned transparency from a buzzword into a business model.
And it worked.

đ« Snackable Stats
â7,858,882 â The total number of posts published with Buffer last month.
9:00am â (On Wednesdays) The best time to post on Twitter, according to Bufferâs analysis of more than 1 million tweets.
15% â The percentage of Bufferâs net profit that was distributed as profit share bonuses in 2024.
11 â The number of social platforms supported by Buffer.
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