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Am I the only one who finds irony in the fact that this site is run by company which invests in companies yet pretty much everyone who has commented thus far ha
by Urgo 12y ago
Am I the only one who finds irony in the fact that this site is run by company which invests in companies yet pretty much everyone who has commented thus far has said that yes, they do regret taking a investment?
I suppose it may depend on whom the investment is from, but it also makes me glad in many ways that I've turned down all of the people who have wanted to invest in my company thus far and run it strictly on the revenue it generates. (i.e. it was a hobby of mine that started generating revenue and only after that did I bring other people on to help)
- kak9 12y agoTo be fair, the submitter is looking for anecdotes from people who have regretted it--so makes sense less people who don't regret it would respond here.
- mathattack 12y agoThat's exactly it - this site is run to help people sort good investors from bad. How many YC funded companies have said that they regret it? (Probably not many that would post on here, but how many overall?)
- beaner 12y agoSelection bias. The people most likely to respond are those who have more than "no" to say.
- hbhakhra 12y agoWell, to be fair, this question seems to be intended at getting negative experiences. There are plenty of stories of companies that took investment and turned out well (aka Techcrunch) so getting the opposite perspective is good as well.
- rosser 12y agoWhy would it be ironic? Now if the OP had asked if anyone had regretted taking YC money, I could see your point. Bad investment stories abound in the silly valley, and across the industry at large, however. Asking people to share some of theirs is legitimately, utterly on topic for a forum site aimed squarely at the needs and interests of technology entrepreneurs.