Re:Why Y Combinator is a waste of time
by abossy on Thursday April 05, 2007 @08:36PM
(#9462)
Yes, but I meant to imply that they never raised money at the startup stage (and up until IPO...). Microsoft was almost entirely self-funding before going public, except for the money they received that PG mentions, which I never knew about.
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True, but Microsoft and every startup has a specific set of circumstances that may be exclusive to their situation, whether it be timing (late 1970s), competitive landscape (big slothful IBM), location (being able to live in low-cost Albuquerque and still get clients), etc. To base your entire future around what worked for Bill Gates and Paul Allen in 1980 may not be the wisest decision.