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NO - unless you have lots of money then go ahead. But if you are one guy building stuff on your own? I think it is bad idea and it is most likely all your proje
by padseeker 14y ago
NO - unless you have lots of money then go ahead. But if you are one guy building stuff on your own? I think it is bad idea and it is most likely all your projects will fail.
I guess if you have help with those projects, and you are contributing to them maybe it could work? But I doubt it.
- bennyg 14y agoWhy do you say this? I think too many people are focusing on the game the way VCs and SV play it.
- argonaut 14y agoBecause here is what VCs do: they forward some money to you, they sign the investment agreement. Done. They don't need to do any more work except get progress updates from you (basically they read a single email) once every couple months. If they're on the board they'll meet with you for a few hours every month. That is not a lot of work per startup. A founder needs to put in at least 8 hours a day for a single startup.
- xj 14y agoya, sufficient capital to get all the things up and running, and being able to hire smart people seems to be a prerequisite. Otherwise, with just the founder and couple of guys working in a dorm room or limited budget, this doesn't sound like a good idea. In fact, it's probably a very bad idea in such a scenario.