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brlewis is close, I will add mortgage :). I can live on a Ramen-diet (I prefer cereal though), but not everyone is in(or just out of) college. The process I'm
by yumraj 17y ago
brlewis is close, I will add mortgage :).
I can live on a Ramen-diet (I prefer cereal though), but not everyone is in(or just out of) college.
The process I'm envisioning is:
1) YC helps founders in this situation vet their ideas, possibly get in touch with others in similar situation and form teams (if needed).
2) YC obviously takes a small stake, but not necessarily puts any real money (or puts just some money).
3) Teams build whatever they are building. Yes, these teams will take longer than dedicated teams.
4) YC helps along with guidance.
5) Once the product is beginning to take shape, founders quit their jobs and try to get funding and launch venture.
I know it will be argued that in this case I'm just trying to have my cake and eat it too, but I don't think what I'm suggesting is totally unreasonable.