4 ms·
True if you have access to capital. I think one message that I didn't get when at the 2005 Startup School is that you're not learning nearly enough if you try
by zach 19y ago
True if you have access to capital. I think one message that I didn't get when at the 2005 Startup School is that you're not learning nearly enough if you try to bootstrap, because capitalization is important at every stage of the business. I also could have used the frame of mind in The Equity Equation more than the VC horror stories, which I already knew having been laid off from a dot-com in 2000.
At the time I figured, hey, I had more money than YC would give me and although I knew that the money was not the valuable part, I didn't fully grok the implications.
So I discovered this the hard way. Now instead of an entrepreneurship career, which I would love, now it's more like the end of a brief career.