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Not directly related to this post, but since when is getting funded the goal, or even a milestone? Businesses have always required some startup capital, which t
by zerostar07 15y ago
Not directly related to this post, but since when is getting funded the goal, or even a milestone? Businesses have always required some startup capital, which they would find from family, friends, loans, what have you, but people never talk about their loans so fondly as they do about their startup investros.
- ZaneClaes 15y agoI think that funding opens up doors to a next-phase of development for a lot of tech people who have previously been bootstrapping. In this light, it is a very logical "milestone" to be funded. The additional resources let us take development to the next level, from a product born out of passion to one which has the capacity to effect wider change. In traditional brick & mortar businesses, funding was a sort of "of-course" step... but now, in the software startup world, there are a lot of shades of gray. Being able to say that you're funded demonstrates a layer of "we're seriously striving for (and can reach) the next level of development."