3 ms·
Very happy with this because it makes raising from YC valuable in terms of the money raised; $125k was not much any more. With $500k you can actually hire one o
by opportune 5y ago
Very happy with this because it makes raising from YC valuable in terms of the money raised; $125k was not much any more. With $500k you can actually hire one or two (or many more depending on location. Imagine India…) full time employees with > 1 year of runway. Or you can bootstrap a few founders for multiple years.
Personally I know many people in my area and age range (mid 20s Bay Area) who would and could put up $125k to self fund their startup, but not many who would put up $500k, even if they technically could.