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Re:Ask HN: Why aren't you applying to Y Combinator? by lzw on Tuesday September 14, 2010 @02:22AM (#1689700)
Maybe you wouldn't call it bootstrapping, but someone whose in their mid 20s, who has been working as an engineer for startups for the past 5 years, could easily have saved $25,000-$75,000. IF you live cheaply and "bootstrap" by focusing on your startup %100 of the time and funding it from these savings you could easily have a 2 year runway there... assuming also that your co-founders have similar savings.

This is pretty much what I did, I saved money and now don't have to worry about contracts or client work, I can focus solely on the company and keep costs down as if I had taken outside investment.

Re:Ask HN: Why aren't you applying to Y Combinator? by nletourneau on Tuesday September 14, 2010 @02:46AM (#1689747)
I'm in this boat. Me and my co-founder had enough to live on while we worked on the product for the last 6 months. I did do some consulting one day a week for spending cash, but it was limited to that and never really caused a huge time-suck.

YC never really entered the conversation for us, I view YC as a place for people that fall into a "I have this idea I want to try, but if I quit my job I can't pay rent" type category, which wasn't me or the people I'm working with.

(edit to say that I'm not knocking the stated category, I'm really happy that YC exists)