Re:How Kayak got traction; my interview with Paul English [v...
by vital101 on Wednesday March 31, 2010 @10:52AM
(#1231906)
He makes a point of mentioning that he doesn't always recommend that start ups get venture capital funding. Sometimes the pressure to grow from having so much money causes the company to collapse.
I tend to agree with him here. A little funding is good, because it can allow you and your team to work full time. I know that my projects would get done faster and with better detail if I didn't have to work a day job to accomplish it.
Having tread carefully usually leads to better decisions in my experience.
Re:How Kayak got traction; my interview with Paul English [v...
by werk on Wednesday March 31, 2010 @02:09PM
(#1232571)
I'm not sure this is the best example for young startup founders: Paul English started out with a shitload of cash to burn on hiring and his cofounder was one of the former heads of Orbitz. Makes me wonder how I can compete with that on my shoestring budget. Maybe this is the level that Gabriel Weinberg is starting from given that he has already launched and sold a company before. But I'm not there yet so this feels a little discouraging.
I tend to agree with him here. A little funding is good, because it can allow you and your team to work full time. I know that my projects would get done faster and with better detail if I didn't have to work a day job to accomplish it.
Having tread carefully usually leads to better decisions in my experience.