4 ms·

I don't know, pretty much the standard wisdom you soak up after being on HN for a while. You can see that because many of the points are contrasted in an earlie

I don't know, pretty much the standard wisdom you soak up after being on HN for a while. You can see that because many of the points are contrasted in an earlier post on HN "Why instagram gets VC and hyperloop not" or something like that. The real question is: Why on earth would I want to go through an accelerator if I can check all of these points?? If you have traction, and revenue, then cloud computing and the right architecture is all you need in a 100% tech startup.

ape4 13y ago
Not to mention: you already have a team
kansface 13y ago
In the real world, nothing goes that well.
Spearchucker 13y ago
Agreed. My question was even more fundamental though - why would I even want traction and revenue? I've been working on what my girlfriend calls my forever project[1] for a loooong time. I used to think I'm going to raise money to work on it full time, get crazy rich and buy a Ferrari and get laid or something. Given what I've read about the hell that is fundraising, I'm happy that I've got a hobby that makes me happy. [1] https://www.wittenburg.co.uk/Entry.aspx?id=218fb45c-591a-441a-9894-70784f43f8a0 https://www.wittenburg.co.uk/Entry.aspx?id=218fb45c-591a-441...
- yurisagalov 13y ago
  Kind of depends on what you're trying to build/achieve, wouldn't you say? It sounds like you're not trying to build a large business, instead it sounds like you're looking for a hobby, which is perfectly fine. But, if you were trying to build a viable business, you can't have a business without revenue, and you can't really have revenue without traction.
Patrick_Devine 13y ago
The only reason I can see for using an accelerator would be to get access to the network that they provide. Being able to show your product on demo day will allow you to have access to a fairly large set of investors. Whether that's important or not if you already have a business comes down to the "Total Addressable Market" and how fast you think you need to grow.

ape4 13y ago

Not to mention: you already have a team

kansface 13y ago

In the real world, nothing goes that well.

Spearchucker 13y ago

Agreed. My question was even more fundamental though - why would I even want traction and revenue? I've been working on what my girlfriend calls my forever project[1] for a loooong time. I used to think I'm going to raise money to work on it full time, get crazy rich and buy a Ferrari and get laid or something. Given what I've read about the hell that is fundraising, I'm happy that I've got a hobby that makes me happy. [1] https://www.wittenburg.co.uk/Entry.aspx?id=218fb45c-591a-441a-9894-70784f43f8a0 https://www.wittenburg.co.uk/Entry.aspx?id=218fb45c-591a-441...

yurisagalov 13y ago
Kind of depends on what you're trying to build/achieve, wouldn't you say? It sounds like you're not trying to build a large business, instead it sounds like you're looking for a hobby, which is perfectly fine. But, if you were trying to build a viable business, you can't have a business without revenue, and you can't really have revenue without traction.

Patrick_Devine 13y ago

The only reason I can see for using an accelerator would be to get access to the network that they provide. Being able to show your product on demo day will allow you to have access to a fairly large set of investors. Whether that's important or not if you already have a business comes down to the "Total Addressable Market" and how fast you think you need to grow.