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1) keep working on it at night until it becomes profitable enough that you can work on it in the daytime. bootstrapping is usually the best idea for people who
by noodle 17y ago
1) keep working on it at night until it becomes profitable enough that you can work on it in the daytime. bootstrapping is usually the best idea for people who have heavy responsibilities.
2) if you truly believe in your idea, you could take out a loan and use that to fund your project. depending on how much $ you need and what your savings and responsibilities look like, this isn't necessarily the best idea.
3) a more middle ground would be to transition to a freelance or part-time position that allows you to spend more time during the day working on your project while still providing you with an exterior source of income. could combine that with #2, as well.
4) look for a more local alternative to YC. they might not be as good, but they could provide you an alternative that doesn't require you to disrupt your responsibilities. there are quite a few (you would, naturally, need to figure out whats near you): seedcamp, techstars, launchbox, boostphase, founders co-op, capital factory, dreamit, hitforge.
5) search for a local VC or angel investor firm/group/etc. that might be willing to hear a pitch from you.
- davidzee 17y agoThanks for the YC alternativs: http://www.capitalfactory.com http://www.capitalfactory.com - Austin http://www.dreamitventures.com http://www.dreamitventures.com - Philadelphia http://www.founderscoop.com/ http://www.founderscoop.com/ - Seattle http://www.launchboxdigital.com/ http://www.launchboxdigital.com/ - Washington, D.C http://www.techstars.org/ http://www.techstars.org/ - Boulder, Boston http://www.seedcamp.com/ http://www.seedcamp.com/ - London http://www.hitforge.com/ http://www.hitforge.com/ - ??? http://www.boostphase.com/ http://www.boostphase.com/ - ??? I'm from Germany.
- jacquesm 17y ago> I'm from Germany That changes matters considerably. have a look here: http://de.dir.yahoo.com/Firmen/Finanzdienste/Business_to_Business/Unternehmensfinanzierung/Risikokapital/ http://de.dir.yahoo.com/Firmen/Finanzdienste/Business_to_Bus...
- davidzee 17y agoThanks for the list. But most of them are classic VCs. Which we are not ready for yet. We are more looking for incubator / early stage help.
- jacquesm 17y agoIf you want I can call a contact on monday and ask them if they can recommend a party in Germany that matches your requirements better, drop me an email if you want me to do that (mail on my profile page).
- noodle 17y agohttp://www.seedcamp.com/ http://www.seedcamp.com/ - London, with mini-camps around Europe http://beta.yeurope.net/ http://beta.yeurope.net/ - Austria