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A comment on Lessons from a 40 year old (now with transcript). Parent comment

Re:Lessons from a 40 year old (now with transcript) by alexkearns on Thursday March 22, 2012 @04:23AM (#3738898)
I for one specifically did not apply to Y Combinator this year because of the big stake/small amount of cash they offered, though would have loved the mentoring and publicity. Six per cent for $6,000 per founder might be okay if you are a couple of guys or gals with an idea but if you are already profitable, it just does not make sense.

There almost needs to be a Y Combinator for small-but-already-profitable web businesses, offering much better terms.

Great talk, btw, Matt. As a fellow bootstrapper, it resonated with me.

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Re:Lessons from a 40 year old (now with transcript) by JamesPeterson on Friday March 23, 2012 @12:09AM (#3743633)
Commercial banks offer what you're seeking. In our local scene when one of our cash-flow+ portfolio companies is seeking further capital for expansion, often debt is a better (cheaper) option than taking on VC investment (if they're CF+ they shouldn't be seeking angel terms!). We've actually had a big bank actively trying to sell such debt.

If you're CF+ and need capital, talk to your bank.

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