Re:How Big Tech got so big: hundreds of acquisitions
by tjs8rj on Tuesday May 04, 2021 @03:41PM
(#27041976)
We’re not talking about bootstrapping for a year, op said selling to Facebook in a year. To pull that off means awesome traction or clubhouse level hype or deep serial founder connections, or corruption at high levels.
All of these are much more difficult to pull off, often requiring years, than simply hitting the books for a few months
The same is true of networking and friends and family financing. I might look at scraping together a ~200k seed round as trivial, but that’s not true for everyone. On the other hand if 5 of your collage friends are working a FANG companies that’s also a huge leg up.