so, whats your startup then? :)
Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
11–20 of 30 posts
Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#12Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#13so, whats your startup then? :)
for anyone who wants to know my startup or other things email me at fffseek@gmail.com, thank you.
I can only hope it's business is not something too questionable to state it openly...
Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#14If you're already making 15k a month, I would say just bootstrap. How much faster do you need to scale? All the YC startups this round got 150k, but you're looking at 15k*12=180k a year, that's already more than YC can offer you. If you really need next level funding, then I would think just emailing/tweeting around would easily get you some good responses esp with your story and already proven market for your produc…
Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#15Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#16Courting investors is a full time job, but so is hiring if done right. You probably can't do both with just two of you. If the goal of raising money is to hire more people, and you've already got enough cash to hire even one, do that first.
Just make sure you hire into a position you believe can increase your profit. Spend time thinking about it.
Companies your size grind to a halt while raising capital and it can take months. Once you've expanded a little, multitasking becomes easier. If you're lucky (and this is what you're trying for), you may find that your new hire increases your profit enough while you were looking for investors that you can afford to hire again.
If the new hire doesn't increase profit, you can still take investment (especially if you've been doing the leg work after maxing out your headcount), but you're going to have to figure out how to hire effectively eventually, you'll just have more money in the bank.
Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#17Otherwise, if you have a technical product, traction, revenue, and a technical founder you're probably ready simply to submit your startup to Angel List. It really helps if you have a couple of angels that are active on angel list to vouch for you, however.
Also, read Pitching Hacks. It's $9 for the PDF. It's an easy read, but it's the friggin Bible when it comes to pitching in Silicon Valley[1].
I'd also suggest getting active in the startup community/scene. Go to meetups like 106 Miles[2] and Hackers & Founders[3]. Get a stack of business cards and start handing them out. Start going out to coffee with people. Get to know a new person every day, be genuine and try to help them out. Hang out at Coupa Cafe, or University Cafe to code.
It shouldn't take too long, doing that in Palo Alto before you can get some introductions to Angels.
Heck, Naval is speaking the next Hackers & Founders on March 17. His presentation is titled, "Hacking your funding process". We still have 60 (free) tickets available[4].
Aside from that, the next open H&F is in Berkeley at the end of March. Stop by and chat. I'd love to hear what you're up to.
ref:
[1] http://venturehacks.com/pitching
[2] http://www.meetup.com/106miles/
Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#18Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#19Re: Ask HN: I died 2 times, coma, learned how to walk again, code, now I need advice
#20Earlier quoted context omitted.
for anyone who wants to know my startup or other things email me at fffseek@gmail.com, thank you.
You had my sympathy till this post. Why on earth not to just drop a link to your website, or, if the company doesn't use one, give name, location and such? I can only hope it's business is not something too questionable to state it openly...
Dude, if that's the case, there are a number of reasons why that doesn't make sense. There are probably hundreds of other people working on the exact same thing as you around the world. Secrecy will not help you compete with those people. What you need is exposure, not secrecy, to really get moving in most cases. Only in very rare cases do you want to keep secrecy. Based on statistics alone, you probably want exposure, not secrecy.