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1) you don't need $500k+ in funding to build a successful software company. 2) this is especially true living in a part of the country with a reasonable cost o
by bpodgursky 15y ago
1) you don't need $500k+ in funding to build a successful software company.
2) this is especially true living in a part of the country with a reasonable cost of living. Somewhere like Missouri, $50k is two reasonable years of runway for a single 20-something (even in a metro area like St Louis, you'll be able to rent for ~$400 .)
3) it's pretty ridiculous (and arrogant) to assume that nowhere else in the country can you get investors.
- philwelch 15y agoIf you're a one-man shop, there's little point taking any funding, and it's doubtful even these guys would fund you.
- ArchGrants 15y agoActually, if you're a sole entrepreneur with a great idea or disruptive venture, we want to read your submissions!
- brandnewlow 15y agoIf you're raising $50k, you'll probably want to raise $500k if things go well. Doing that in STL is unquestionably harder in STL than SV.