4 ms·
good luck getting funding
by cameronfraser 4y ago
good luck getting funding
- par 4y agothere's still a ton of money sloshing around out there.
- ceejayoz 4y agoNot every startup idea needs millions of dollars to get started. Folks with a lengthy severance period have a cushion to experiment with fun ideas while job hunting.
- throwaway894345 4y agoI've been seeing a few things like moonrepo crop up and have been curious about why these seem to be cropping up now when the target market (tech) is cutting costs (although maybe these products can be advertised as money-saving?).
- sebastianconcpt 4y agoBootstrap time.
- mattgreenrocks 4y agoNever been a better time: lots of disillusionment around the disproportionate amounts of leverage that capital has over even megacorps.
- andsoitis 4y ago> leverage that capital has over even megacorps That statement doesn’t make sense. Companies become large (your “megacorp“) because they’re very good at attracting, growing, and applying capital.
- whatever1 4y agoThere is a ton of money parked into savings accounts due to the high interest rates and the fear of recession. As things improve all this money will look for employment.
- oytis 4y agoAs things improve big tech will start hiring again.
- packetlost 4y agoehhhhhhhhh. Maybe.
- whatever1 4y agoBy then most of the startups will have mvps in their hands.
- kmonsen 4y agoThe talk is about new rounds of layoffs, not hiring right now.
- time_to_smile 4y agoThis is what I've seen talking to startups. Lots of seed round companies needing to build up a team fast to try to secure a series A before it's too late. Most of them completely insane (with occasional good ones in there) with ideas that clearly have no reasonable profit model. It's undoubtably a great time for startups to get talent, but startups as we know them today tend to be very hungry for VC money, which is drying up rapidly. I would be very hesitant to join one unless the match was really good.
- newaccount2021 4y ago[dead]
- mattpratt 4y agomoney is simultaneously shifting to early stage it's a double whammy
- joisig 4y agoFor software startups there has never been a lesser need for funding. For anybody willing to start their own thing, it's never been easier. And for anybody else who's smart and wants to do big things, message me.
- infamouscow 4y agoIf you can clearly articulate a path to profitability in the current economy, there's no shortage of investors willing to place 100K-1M bets on startups right now, contrary to the narrative perpetuated here. Ask how I know :) I think the problem we have is a generation of people in the industry have been convinced hifalutin money making schemes are sustainable business ideas. I'm glad that nonsense has finally past. The realignment is good for humanity.
- cosboy 4y ago> Ask how I know I’ll bite. How? I’m working a startup and would give 50% of my company to an investor just so I could work on this thing full time.
- fijiaarone 4y agoI’ll give anyone interested half of nothing for full time wages doing whatever I want too.