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"Sometimes we see founders who are not 'all in' but are looking for YC to validate them." Isn't that a bit irresponsible? I, for one, had to taper my startup
by Hydraulix989 9y ago
"Sometimes we see founders who are not 'all in' but are looking for YC to validate them."
Isn't that a bit irresponsible?
I, for one, had to taper my startup ambitions for a year after graduating university because I had student loans to pay and an initial bank account balance of zero.
Some people are a bit more privileged to have a bit more of a safety net when they start, so jumping off the deep end is a bit easier and less risky.
Many tech companies don't see profit for several years. I don't see how that's possible for some aspiring founders without someone like YC giving them that initial boost.
Despite this "strike," I'm fully self-sufficient now with my own business that is ramen profitable despite having a bit more of a barrier to overcome to start with (which meant biding my time at a Big Company and legally moonlighting by doing remote work with my cofounder while building my business).
Is it not equally impressive that someone started with an empty bank account and worked a full time job for a year and then worked 8+ more hours each day after work to bootstrap their own company?
Please keep this in mind, if at all possible, when deciding whether someone is "fully committed." I hope this makes sense.