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by dheera 638 days ago
Yes, though this is also a privileged view.

Investors don't invest in projects, they invest in businesses.

Without investment, you might not have enough money to pay your next months' rent or your next hospital bill.

If this doesn't apply to you and you can hack at projects without financial concerns, great, but you're already in the privileged group, like PG himself, and disconnected from the reality of 80-90% of people.

2 comments

True, though pg was talking to college students here, who are (presumably) mostly focused on classes, and have a stable living situation for 2-4 years until they graduate. That's why he says at the beginning that it's not a good idea to start a _startup_ in college (which will take over your whole life)

If you're 100% focused on your startup and trying to make a living, then it's a different story, I agree.

That I agree, finding your cofounder by doing side projects while already in a stable living situation (college or employed) is a super good move.
Keep your rent low. Live with family. Cross a border if needed.

Angels invest in projects.

> Keep your rent low.

Sure but living in Bumblefuck, Arkansas you'll be unlikely to find a good cofounder. Oakland is cheap but you might get shot. Places with BOTH peace of mind and talented people cost money.

> Live with family.

Families are often toxic and unsupportive of doing startups.

> Cross a border if needed.

This however is actually a good suggestion if you go to the right places.

Agree with all of that.

2020 happened though. Why do you physically need to meet your cofounder? Maybe make a million then treat yourself to go see them!