4 ms·
i'll preface this by saying that i up-voted peter because many of the points were totally valid. at the same time, i think money creates a distraction. i've b
by thewordpainter 16y ago
i'll preface this by saying that i up-voted peter because many of the points were totally valid.
at the same time, i think money creates a distraction.
i've been bootstrapping for almost 3.5 years. throughout the process, i've built a team of four that all shares equity, and we've recruited more than 25 interns from UGA to help us through the semesters.
you know what my burn rate is? $50/month! i have one expense: hosting.
no one has taken any pay because they believe in the mission & they're motivated by the vision we have.
loren - i hear you my man. i think many of these YC companies will never learn what it means to be SCRAPPY. they won't understand how you can creatively finance things.
oh, last thing...i'm currently the live-in advisor at my old fraternity house...i know how to get by on nothing. just imagine what i'll do on something...
-adam
- petervandijck 16y agoDon't you think money would buy you speed? Also, your time may seem free now but it won't always feel like that.