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At equal execution, I suspect there is often (but not always) a direct relationship between investment and speed of execution / time to profitability (since wit
by gip 6y ago
At equal execution, I suspect there is often (but not always) a direct relationship between investment and speed of execution / time to profitability (since with more investment it will be easier to attract great talent and iterate faster).
Assuming what I'm saying above is correct, that means that YC is advising founders to take the slow road to profitability? (Nothing wrong with that!)
- snowmaker 6y agoNot quite. The ideal situation is to not have to raise money, by being default alive: http://www.paulgraham.com/aord.html http://www.paulgraham.com/aord.html Just because you don't have to raise money doesn't mean you never do. Sometimes founders who are running a profitable business and don't need investors will nonetheless choose to raise money because someone offers it on very good terms and they believe they can use it to grow faster.
- brianwawok 6y agoIf founders did not need to raise money, you would be out of a job yah?