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Hi all – I made a small site where people can post bootstrapped startups. My robot will go and fetch some dynamic data like Twitter followers, Product Hunt upv
by raunometsa 8y ago
Hi all –
I made a small site where people can post bootstrapped startups. My robot will go and fetch some dynamic data like Twitter followers, Product Hunt upvotes and revenue on Indie Hackers and you can sort by these numbers.
I really like this new maker movement that is happening. I believe a lot of products can be built without any VC money. I also do understand that a lot of products really need VC money (like you can't build flying cars without $$$ in bank).
Sometimes I see those articles, where founders raised millions or tens of millions of $$$ and started a company by building fancy offices, hiring top talent and going on expensive team retreats. Product will be in the development for years (maybe) and you really don't know when and if at all money starts to come from clients. It seems that they start to think about next funding round very soon after the first one.
I don't know, maybe it's just me thinking and I don't see the whole picture here.
On the other hand, yes – if we're talking about purely software business, founders need some money to eat things, wear things and pay their rent. Not millions of dollars of course, but some thousands per month.
But... it could be difficult to reach, let's say, $5k/mo with your bootstrapped product when you have your day job, maybe friends and kids – it could be really hard to find the energy in the evening to work on your sideproject.
So, I think YC with 120k is a great thing. It's not millions at least, but I still wonder if that's not too much... :) what do you do with that money? Ok, living in the Bay area is probably quite expensive too!
Anyways, if you know some boostrapped products, it would be nice if you could post it on my site. Thanks!