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I am currently building Caido (https://caido.io https://caido.io) without funding and the best decision we ever made was to build it as a team. The second decis
by Sytten 4y ago
I am currently building Caido (https://caido.io https://caido.io) without funding and the best decision we ever made was to build it as a team. The second decision that I made differently from my first attempt at a startup was to drop all my freelance contracts and only focus on that project. You need a lot of mental space to build a business and I found I almost burned myself out when I tried to build it while working on other projects. Last decision was to move back to my parent's place to cut cost and live frugally for the year (<300$/month). Not possible for a lot of people, but I don't think it would have been possible otherwise since I don't have savings.
Same as the author we tried to get funding and mostly failed. In the end I think it is for the best as I am not a fan of the growth at all cost, I much prefer to build a smaller sustainable business if that is still possible. One thing that I wish we had is a more experienced person in the team since we burned time and money for stuff we didn't know better (small tear when I see my lawyer bill). It is a great experience otherwise, I just hope it will go somewhere.