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You don't need a trust fund to keep a small team eating ramen for a year. Lots of people start businesses with just their savings and maybe a small loan. Maybe
by kijin 1y ago
You don't need a trust fund to keep a small team eating ramen for a year. Lots of people start businesses with just their savings and maybe a small loan.
Maybe that's not the kind of company you'd like to build, but if it's the only option given your financial circumstances, ramen it will be.
- an0malous 1y agoIs that what Linear did?
- kijin 1y agoLinear founders had "savings" from previous exits. Some of the early ones really were ramen-scale from what I can tell. So that's one way to come up with the capital you need. Start something, grow it, sell it for $$, and invest that $$ in a new company that you hope will be worth $$$$. Rinse and repeat. You don't have to make it big on your first try!
- plumthreads 1y agoA $4.2 million seed round from Sequoia also didn't hurt. Maybe they were able to eat pizza instead of ramen because of that.