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Maybe you wouldn't call it bootstrapping, but someone whose in their mid 20s, who has been working as an engineer for startups for the past 5 years, could easil
by lzw 16y ago
Maybe you wouldn't call it bootstrapping, but someone whose in their mid 20s, who has been working as an engineer for startups for the past 5 years, could easily have saved $25,000-$75,000. IF you live cheaply and "bootstrap" by focusing on your startup %100 of the time and funding it from these savings you could easily have a 2 year runway there... assuming also that your co-founders have similar savings.
This is pretty much what I did, I saved money and now don't have to worry about contracts or client work, I can focus solely on the company and keep costs down as if I had taken outside investment.
- nletourneau 16y agoI'm in this boat. Me and my co-founder had enough to live on while we worked on the product for the last 6 months. I did do some consulting one day a week for spending cash, but it was limited to that and never really caused a huge time-suck. YC never really entered the conversation for us, I view YC as a place for people that fall into a "I have this idea I want to try, but if I quit my job I can't pay rent" type category, which wasn't me or the people I'm working with. (edit to say that I'm not knocking the stated category, I'm really happy that YC exists)