Ask HN: Anyone would be interested in $10K funding for development?

Re:Ask HN: Anyone would be interested in $10K funding for de... by ktpsns on Thursday October 29, 2020 @04:14PM (#24935199)

I hope the following doesn't sound pontifical: Even if this is legit, USD 10T would hardly be enough to cover the life expenses of a single founder in an average western country (not super-expensive like London, NYC or Swiss) for mabye three months. Or a team of three for one month.

You should fund at the order of USD 100T to feed a small founder team for one year to make an impact.

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Re:Ask HN: Anyone would be interested in $10K funding for de... by cisforce on Thursday October 29, 2020 @04:21PM (#24935266)

That's for development and not for living expenses

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Re:Ask HN: Anyone would be interested in $10K funding for de... by ktpsns on Thursday October 29, 2020 @04:34PM (#24935441)

So it's basically trophy money. However 1-6% shares on the startup, that's a lot of shares for a trophy.

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Re:Ask HN: Anyone would be interested in $10K funding for de... by cisforce on Thursday October 29, 2020 @04:40PM (#24935499)

Depends a lot on the stage, right? If you dont have a product, 10k is enough to build one in most cases. And it's pretty early stage

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