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Couldn't agree more. As a serial co-founder myself, I can't wait to be able to fully start businesses with no VC involvment. One thing is bogus in the article
by alain94040 18y ago
Couldn't agree more. As a serial co-founder myself, I can't wait to be able to fully start businesses with no VC involvment.
One thing is bogus in the article though: it's age-biased. $3000/m to cover living expenses for the founders? Yes, if you are talking about kids straight out of college living in a dorm. What about slightly less desirable older people, like say 30-year old (now, that's old :-). So a startup with 3 founders would need closer to $15,000/month of revenue. Well, it's not so easy to generate that kind of revenue.
The better advice is to find co-founders who can work part-time (evenings and weekends). That can sustain itself for a long time, even if it feels like it takes forever to get anything done.
fairsoftware.net - where software developers share revenue from the apps they create
- BerislavLopac 18y ago"So a startup with 3 founders would need closer to $15,000/month of revenue." This depends on where you live. I'm just starting a project with one partner -- we are both entering forties and have two kids each -- and even with another employee we plan to live comfortably while burning under $10k.