Re:The Fatal Pinch
by danieltillett on Tuesday December 09, 2014 @04:26PM
(#8725885)
Yes but how do they know this in advance? Up until quite late in the process the founder control the majority of the company. I am amazed that more founders have not gone feral.
My experience is from sometime ago (long before YC). Interestingly my business did pivot to being a lifestyle businesss, not out of choice, but because I could not get VC funding. My only regret is that it took my customers longer to learn about our products than they would have if I had not had to bootstrap.
My experience is from sometime ago (long before YC). Interestingly my business did pivot to being a lifestyle businesss, not out of choice, but because I could not get VC funding. My only regret is that it took my customers longer to learn about our products than they would have if I had not had to bootstrap.