Re:Why I switched sides: From bootstrapping to VC
by rajacombinator on Friday October 26, 2018 @12:17PM
(#18310623)
Plus if you fail big and spectacularly, you’ll always fail upwards. Fail small and no one cares. Messed up, but that’s how the world works.
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Re:Why I switched sides: From bootstrapping to VC
by confiscate on Friday October 26, 2018 @01:02PM
(#18311047)
I don't quite understand this. 2 scenarios:
1. Juicero who burned through $118 million with nothing to show for it
2. bootstrapped startup with $0 funding that made profits
It sounds like you would rather be the founder of #1 and not #2? Why though
Re:Why I switched sides: From bootstrapping to VC
by rajacombinator on Friday October 26, 2018 @06:15PM
(#18313074)
Raising $118 million and building a company of that size is a big accomplishment regardless of whether the company was a punt or not. I can assure you those guys have no shortage of lucrative post-Juicero opportunities. They’ll probably make more than the typical bootstrapper over the same time period.
Re:Why I switched sides: From bootstrapping to VC
by confiscate on Wednesday October 31, 2018 @06:38PM
(#18349803)
interesting. What kind of lucrative opportunities would they have? As a fundraising-consultant? Because I am curious as well