3 ms·
Ask PG: what's YC's / PG's opinion of the lean startup / bootstrapping movement?
Obviously you're not opposed to venture funding, but do you see it as a requirement? Are there YC startups that have chosen to eschew or severely minimize post-YC funding in favor of growing based on revenue and profits? Or does YC both select for and encourage raising larger amounts of funding?
- pg 16y agoThis came up a couple days ago: http://news.ycombinator.com/item?id=1736166 http://news.ycombinator.com/item?id=1736166
- ryanwaggoner 16y agoThanks! That answers the question about the startups, but what about your view on the subject? Do you think it's generally better for startups to raise if they can get good terms?
- pg 16y agoIt turns out you can give a fairly precise answer to that question: http://paulgraham.com/equity.html http://paulgraham.com/equity.html
- ryanwaggoner 16y agoIt's hard to remember what all you've covered in your essays :) Thanks again.