Re:How long can you survive on bootstrapping?
by jhancock on Friday July 10, 2009 @12:47PM
(#697958)
You may realize this by now, but you should never "fund" your startup with credit cards. Get that debt out of the way as soon as possible and never do it again. I've been bootstrapping companies for 20++ years and always used what was in my pocket already and/or found investors.
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Of course, thanks jhancock. In the end, the total initial capital (pocket money, friends/family round, and credit) was comparable to the amount invested using the YC seed formula of $5000 + $5000n.