Re:Ask HN: 5-7 months of living expenses left; terrified. Ad...
by racyrick on Monday January 12, 2009 @03:19PM
(#431058)
Wow, incredible words of wisdom. I am myself at a startup (http://racy.com) and we had a little funding, but are bootstrapping and trying to make sales to cover our costs. We are only 1 year through and are very very close to breaking even.
You still might have trouble with that right now, it's really not a good time for any kind of loans, and you can forget these multi-million dollar speculative paydays with little obligation or timeline, but if you have a proper business then you have proper business options and hopefully don't have to sell your businesses' soul to get the cash you need to grow.