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Bummer to get rejected - just not meant to be for us. Fortunately we are self-funded and bootstrapping it. YCombinator is really the only funding we would consi
by mattjaynes 20y ago
Bummer to get rejected - just not meant to be for us. Fortunately we are self-funded and bootstrapping it. YCombinator is really the only funding we would consider, since it would be much more than just the small funding.
The one relief I have is not having to think so much about an exit. That was my main concern with taking investment. I really don't have much interest in thinking about exit strategies. We're much more focused on building a profitable private company like 37Signals or SmugMug. That may change someday, but for now that's our sole focus.
Even for those they don't fund, YCombinator puts out a TON of value for early startups: Paul's essays, Jessica's book, Startup News, Startup School, etc. That generates huge good-will for them and is a great example for other seed-funders and VC's to follow.
Thanks YC and thanks to all the contributors here ;)