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I don't know why you tech/software startups fight so hard to get funding. Just self-fund it and keep your equity for yourself. If your idea has potential, you s
by newguy1234 7y ago
I don't know why you tech/software startups fight so hard to get funding. Just self-fund it and keep your equity for yourself. If your idea has potential, you should be fighting to keep as much equity as possible, not selling it off to the lowest bidder - VC firms. Only go to VC firms as last option as in literally the startup will die if it doesn't get funding.
The bigger value proposition I see from Y Combinator is simply the networking and community. A lot of the advice I see given during startup school is spot on from my experience.
- justdewet 7y agoJust pull up those bootstraps. Fund it yourselves pussies
- habitue 7y agoSome businesses lend themselves to bootstrapping, others are just straight up capital intensive. Others are somewhere in between, and venture capital just allows you to "skip ahead" and find out how good the idea really is by scaling it and hiring people to polish it and make it run well instead of on a shoestring budget.