Re:Ask HN: "Y Combinator for people?"
by cool-RR on Sunday March 15, 2009 @08:26PM
(#517478)
I didn't suggest debt financing for a start-up. I suggest debt for funding the entrepreneur's living expenses.
I agree that if the entrepreneur actually starts a start-up proper, he would do best by financing it using equity. But most entrepreneurish activity is not a start-up proper - Just little things you try and that sometimes evolve into big projects. It's hard to sell equity out of those.
I agree that if the entrepreneur actually starts a start-up proper, he would do best by financing it using equity. But most entrepreneurish activity is not a start-up proper - Just little things you try and that sometimes evolve into big projects. It's hard to sell equity out of those.