I lost :-D
Show HN: Startup funding simulator
41–50 of 168 posts
Re: Show HN: Startup funding simulator
#42Bootstrapping a business with my savings to retain full control is both the wisest and hardest thing I’ve done. I don’t understand why people are so quick to start giving up control out of the gate for software companies. Servers are cheap, it’s not like in say, manufacturing where you need a factory. You’re gonna let some VC bro tell you what to do for a SaaS product? Why exactly? Just go to market on the cheap. I’v…
It works as long as you don't have funded competition. Especially if they start giving away the thing that you charge for. Then you need to have deep pockets to wait it out.
I presume this would not really apply to "mature" hardware markets with a large number of companies already present and selling?
Re: Show HN: Startup funding simulator
#43Looks great! Personally I’d make it so state changes don’t push history into the stack. Users don’t consider those inputs comparable to a page change. It’s more like typing into a form.
wanted to make any simulation shareable by copying the url. but you're right, there has to be a better way ...
history.replaceState (instead of history.pushState) is your friend.
Re: Show HN: Startup funding simulator
#44Bootstrapping a business with my savings to retain full control is both the wisest and hardest thing I’ve done. I don’t understand why people are so quick to start giving up control out of the gate for software companies. Servers are cheap, it’s not like in say, manufacturing where you need a factory. You’re gonna let some VC bro tell you what to do for a SaaS product? Why exactly? Just go to market on the cheap. I’v…
Bootstrapping requires a rare breed of founder who is financially secure enough (or frugal enough) to manage life on a reduced salary, capable of building useful products on a budget, and willing to risk the missed opportunity cost of a cushy Big Co position. In my experience, the hardest thing to master is the actual building - plenty of people are bootstrapping "theoretically useful" inventions in basements/garages…
> Such people can really benefit from VC oversight and business acumen.
Would it not be financially more prudent to hire/consult experts, particularly if you can get access to a startup/accelerator program? Even without easy access, there is no dilution of ownership.
Re: Show HN: Startup funding simulator
#45Cool and pretty but the dark beige text on the beige background is not sufficiently contrasty and difficult to read. Also, not sure if this is just a me issue but the text in general feels blurry.
While we are talking design: Since the site supports dark mode already, it could make use of prefers-color-scheme media query.
Re: Show HN: Startup funding simulator
#46Earlier quoted context omitted.
I somehow broke it, I got a $5 investment against a $998B valuation and then sold it for $199B to gain $1.9T of profit??? Edit: "You get $InfinityB" I think I won. https://www.fundingsimulator.com/?data=EL%2BVcsg%3B%3BYou%2C...
Why don't we use this hack IRL?
Probably the annoying taxman who takes 20% of your $infinity, which just so happens to also be $infinity.
Re: Show HN: Startup funding simulator
#47Bootstrapping a business with my savings to retain full control is both the wisest and hardest thing I’ve done. I don’t understand why people are so quick to start giving up control out of the gate for software companies. Servers are cheap, it’s not like in say, manufacturing where you need a factory. You’re gonna let some VC bro tell you what to do for a SaaS product? Why exactly? Just go to market on the cheap. I’v…
I run a bootstrapped business and I hear you. However, VC Funding can make sense for certain cases. I do think that too many people raise VC prematurely. The best path in my opinion is: 0-PMF/100 customers: Bootstrap it PMF-Scale: VC Fund if you can show 100% growth each year and forward. If the market is big enough (TAM etc), This can become a billion dollar company and for this to happen fast enough, you will need…
> PMF-Scale: VC Fund if you can show 100% growth each year and forward. If the market is big enough (TAM etc), This can become a billion dollar company and for this to happen fast enough, you will need funding. Also, the reason you need funding here is because it is very tough to scale a business slowly. Either you grow fast from here or die/stay average growth.
This makes sense, but I wonder how truly "necessary" funding is. I understand that funding very (relatively) quickly can help turn a "eating ramen for dinner" salary to a a-regular-job levels of salary which is very good. But is there a business risk to grow "organically"/through word of mouth? Assuming it is possible to grow the company only working part time (which is admittedly a very big assumption), bootstrapping sounds slightly better.
> It's just that most people try to raise funding way too early and hence cannot keep up with the growth requirements and eventually either die or sell/pivot for peanuts.
Thanks, that's insightful!
Re: Show HN: Startup funding simulator
#48This app needs a better zero state. It should start with a fully loaded company, maybe based on a real example, that you could edit and see the subtle differences. Then, when you’re ready, start a new simulation from scratch.
Re: Show HN: Startup funding simulator
#49Clicked a few buttons and got "You kept NaN% equity... You get $NaN" That's a surprising result, and not very user friendly. Some ideas to make it better: - make it impossible to get into that state - tell me what I did wrong so I can correct it
You get NaNthing.
Re: Show HN: Startup funding simulator
#50Earlier quoted context omitted.
I run a bootstrapped business and I hear you. However, VC Funding can make sense for certain cases. I do think that too many people raise VC prematurely. The best path in my opinion is: 0-PMF/100 customers: Bootstrap it PMF-Scale: VC Fund if you can show 100% growth each year and forward. If the market is big enough (TAM etc), This can become a billion dollar company and for this to happen fast enough, you will need…
> PMF-Scale: VC Fund if you can show 100% growth each year and forward. If the market is big enough (TAM etc), This can become a billion dollar company and for this to happen fast enough, you will need funding. Also, the reason you need funding here is because it is very tough to scale a business slowly. Either you grow fast from here or die/stay average growth. This makes sense, but I wonder how truly "necessary" fu…
The business risk is that another company with more money and therefore resources will see your PMF and will move faster to capture the market.