3 ms·

$670k investment is not "bootstrap money". It's literally the opposite of bootstrapping. What is the value in this attempted narrative? Is it the entrepreneur e

by weego 3y ago

$670k investment is not "bootstrap money". It's literally the opposite of bootstrapping. What is the value in this attempted narrative? Is it the entrepreneur equivalent of "I don't work with big data, only 500 billion row sets but..."

tough 3y ago
You can pay a couple years software engineers for a year at SF rates
- ignoramous 3y ago
  Or pay 2 capable engs in India for 11 years. £670k is a lot in some parts of the world
  - AdamN 3y ago
    The typical formula is that it costs double a person's salary for the total budget. So really you're saying 5.5 years and 2 people is a low number so maybe you build a team of 4 and then the runway is an excruciatingly short 2.75 years.
    - skrebbel 3y ago
      That formula makes no sense if you’re a scrappy distributed team.
      - AdamN 3y ago
        At that point the numbers are so small that yes, the rule breaks down.
    - deleted 3y ago
      [deleted]
- hcks 3y ago
  If by « a couple » you literally mean 2 then sure
  - celdon25 3y ago
    He clearly meant "a couple of three things" like from the Sopranos /s
codegeek 3y ago
I agree with you. The amount doesn't matter. Investment = you are not personally liable and no need to return the money if u fail. It's not ur money. Bootstrap = you are responsible to pay it back.iys ur money once u get it.