4 ms·
> small software businesses asking for money is a loud signal that they are much less likely to be successful at all IMHO Money doesn't seem like the main bene
by pcthrowaway 4y ago
> small software businesses asking for money is a loud signal that they are much less likely to be successful at all IMHO
Money doesn't seem like the main benefit to going through YC (otherwise there are lots of other investment firms one could approach). The main advantage seems to be the network, connections, and expertise on running a business.
Sure, if I had another 30K I'd have an extra year of runway, which can be pretty valuable right now. But I suspect solo-bootstrapping without a good VC will result in a lot of friction at points that a specialist VC would be well-suited to assist with (providing standard ToS, verifying compliance, business structure boilerplate, etc)
- robocat 4y agoNote: Paul Graham writes on theory of 7% equity: http://paulgraham.com/equity.html http://paulgraham.com/equity.html The real benefits and costs are hard to measure, the maths is obvious.