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I love the point that you don't need an incubator to start a company. I see many people who are only interested in starting a company if they get funded by YC.
by arasmussen 14y ago
I love the point that you don't need an incubator to start a company. I see many people who are only interested in starting a company if they get funded by YC.
I think it's a bit harder to tell people you're working on your own company full-time if you aren't funded and you aren't in an incubator program. The incubator program lets other people know that investors believe in your idea, so you'll be more confident in telling people about it.
But really, if you want to start a company, you shouldn't need the investor to have your back. You should be able to believe in yourself and your idea no matter what people think otherwise you'll never succeed.
- rohanpai 14y agoNot everyone tries to get funded by Y-Combinator for the ~$18,000. A lot more is offered; network, talent, investors etc..
- arasmussen 14y agoI am in no way saying that's all you get from YC. I'm just saying that I disagree with a pretty common opinion that you starting a company without being funded by YC (or etc.) is ridiculous.
- TheMakeA 14y agoPart of the allure of YC for me is the promise of being able to work on my company full time. I don't currently have any other means to do so. I am going to build my company no matter what, but YC would offer means to drastically speed it along.
- biscarch 14y agoI agree. When I started working on the idea that would become my company, I never intended to try to raise capital, etc. I ended up applying to YC because I saw value in those three months that I'm not receiving in my current situation. It matters not if I get in (besides maybe a slight ego bruise if I don't.) because I'm going to keep going anyway. Also, I tell people that I'm working full time on the idea, even though I'm not currently making any revenue. People always react weirdly when that (monetary) information comes out, so I typically don't bring it up.