3 ms·
There is a notion that seed funding is very easy to find. Is this really true for normal people ? Does 'facebook' tag somehow magically attrach money these days
by educar 11y ago
There is a notion that seed funding is very easy to find. Is this really true for normal people ? Does 'facebook' tag somehow magically attrach money these days? How does one begin this process ? Most of my friends are engineers and I know nobody in my friend circle who has raised a seed round.
- deleted 11y ago[deleted]
- dkopi 11y agoIf you have a good idea and a team that can execute, seed money is still fairly easy - assuming you're actively seeking it, and you have enough proof that you can execute.
- nostrademons 11y agoA lot of people aren't actively seeking it. I'm not, and I have a number of former coworkers that have successfully built startups (either been acquired or running profitably) and only about half of them took seed funding. If you're good enough and dedicated enough to execute on your ideas yourself, chances are you were paid pretty well in your past life and have decent savings. (If you weren't, it often makes sense to do a two-step path into a startup, where you write a side project that is impressive but not lucrative, use that as leverage to get a Google/Facebook/etc. job offer, save up a bunch of money, and then seed fund yourself.) And if you've got decent savings, it can often make more sense to avoid the dilution and investor-relations hassles that come with taking investment.
- vram22 11y agoAre you doing a startup?
- nostrademons 11y agoYeah.