Re:$100k in One Month Challenge: Help YC News!
by sbraford on Monday October 08, 2007 @02:54AM
(#64669)
Does the money have to be freshly generated revenue (on top of either a $0 starting amount or $X existing revenue).
i.e. I have a business that generates $5k per month, saying you can use that towards your goal "in spirit" is pretty silly, right?
BTW have you heard of Steve Pavlina's Million Dollar Experiment? http://www.stevepavlina.com/million-dollar-experiment.htm
This sounds a bit like it only for startups.
Re:$100k in One Month Challenge: Help YC News!
by andrew_yates on Monday October 08, 2007 @03:26AM
(#64689)
Count the profit difference from changes you made in your business.
Million Dollar Experiment: I haven't heard of this, but you're exactly right. I'm glad I core dumped this idea here first. Wow, risk is hard in practice as a tech guy.
Also, "VC firm" means something else that we're not doing. This is an angel fund run by bored geeks in silicon valley. That's it.