3 ms·
What percent of top tech companies were funded by multiple millions in personal or family money? We're on YC's website, which invests $500k in startups ($125k u
by Thorrez 5y ago
What percent of top tech companies were funded by multiple millions in personal or family money? We're on YC's website, which invests $500k in startups ($125k until just recently). I thought most startups were venture funded.
- bradlys 5y agoMany startups get a lot of family and friends funding. On top of this - a lot of startups are having someone do unpaid work before they get funded. This usually means someone had support to pay rent, food, insurance, etc. Varies a lot but all the people I know who are relatively young and doing startups come from pretty wealthy families.