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I disagree with you. YC is in the business of doing as much as possible with very little, in my own opinion... the amounts they invest in these startups say it
by gdltec 16y ago
I disagree with you. YC is in the business of doing as much as possible with very little, in my own opinion... the amounts they invest in these startups say it all. Until you can prove your business and then you get a larger investment.
What you described is more towards the type of investments that VCs do... not YC.
- DenisM 16y agoWell, and my point is that VCs are very often down the line from YC, so there has to be a feedback of sorts. YC has to measure its own success somehow, and I suppose they do that by "exits". Such as a VC round, a real exit (acquisition), or a certain level of prominence and profitability - that which is not compatible with bootstrapping. Boostrapping is only great when you attack a small niche, that is too small for people with more resources to get into. The same smallness will inevitably make meaningful "exits" impossible.
- gdltec 16y agoThe fact that I start a business by bootstrapping it does not mean I am after a small niche (not that there is anything wrong with that). My aspirations are much greater than that, bootstrapping is just what I believe works for me, as a start, my next step is to get some angel investment to be able to go to the next phase and applying to YC seems like a good route to take. Thanks for your comments.
- maxklein 16y agoThe amount they invest is more: They invest their time, their attention, their connections to investors and their reputation. The money is not what they invest, and it's not what people go to them looking for.