4 ms·
That's not true. All future rounds do is dilute us, the same way they do the founders. So all other things being equal, we'd prefer it if founders could achiev
by pg 16y ago
That's not true. All future rounds do is dilute us, the same way they do the founders. So all other things being equal, we'd prefer it if founders could achieve the same level of success on less money.
- DenisM 16y agoHm. Do you ever invest into self-proclaimed bootstrappers? I was under impression that you don't. In fact, here's what I remember you told me: "yours looks like a micro-isv in the making, not a startup in the common sense". I took it to mean that you invest into people going after larger markets (which imho requires being able to utilize capital - the antithesis of boostrapping), and specifically avoid people going after smaller niches capable of sustaining only a small group of one founder and a couple of hired employees. It would help if you clarified that.
- pg 16y agoHow people fund a startup initially is a separate question from how ambitious their long term plans are. So we would be very interested in investing in the next Microsoft, for example.
- gdltec 16y agoThat is exciting to hear. I do not want to build the next Microsoft, I want to build something better! and more useful for people than a word editor ;) (full disclosure, I like and use MS products very much).