[JohnnyFlash]

If you an idea or expertise to do something like this I don't know why you need to wait for Y Combinator to pick you up before you get started.

Making something profitable from day 1 is difficult but profitable from day 30 is less so. Yes the profit may just about buy your team a round of coffee's but at least you got off your mark. Your ball is rolling.

Waiting for seed funding before building your product seems somewhat counter-intuitive to me.

[littlegiantcap]

We aren't waiting for seed funding. We pivoted to seedlauncher back in December, and have been working on it since. We're prelaunch while we wait for the SEC to write the regulations surrounding crowdfunding so we can operate.