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Fundraising is just about the least meritocratic part of startups. Depending on your social circle and markers of class, the process can be very easy or near im
by AlchemistCamp 7y ago
Fundraising is just about the least meritocratic part of startups. Depending on your social circle and markers of class, the process can be very easy or near impossible for a first time founder. For most, it's extremely difficult to get someone to invest in your company when you're still working a full-time job on something else.
> the one thing we want most in life is to work on our product full-time
Can you cut expenses and live off of savings for a few months? If not, can you self-fund it as a side project until it can cover your living expenses?
- BasDirks 7y ago> Can you cut expenses and live off of savings for a few months? We are definitely considering this.
- AlchemistCamp 7y agoThere's also no shame in taking it on in a way such that's more of a lifestyle business than a startup. The primary reason Alchemist Camp exists is so I can later self-fund the much more ambitious startup I couldn't raise money for previously.