Ask HN: What's the best way to spend 10k on a startup?
1–5 of 5 posts
Re: Ask HN: What's the best way to spend 10k on a startup?
#2ONLY use that money as the last resource.
Re: Ask HN: What's the best way to spend 10k on a startup?
#3Continue building your product. Focus on sales. With sales you'll never need to touch that $10k. The $10k is end of the world money, for either yourself or your new business.
Do not create the sharespace office. At best it's a ridiculous distraction from focusing on your product. At worst it'll wipe you out.
Get yourself a phone.
Re: Ask HN: What's the best way to spend 10k on a startup?
#4Continue your business as usual, until you actually know spending your money will net you a positive ROI.
Re: Ask HN: What's the best way to spend 10k on a startup?
#5The cellphone may or may not be in that category.
Other things may be a domain. For an MVP you can use a $1 for first year .info domain.
You don't need to pay for hosting, use Heroku or something on the free tier. Stationery and furniture can be free from friends / family that have too much. etc.
Live like a tramp.
Exception is if you are cashflow rich and time poor - i.e. you have a good job. Then you could invest into time saving tools and SaaS services (that you need to help you make the first sale more quickly). However such investments would still be a tiny fraction of the $10k. Actually it will be none of the $10k because you pay from your net salary.