|
|
|
|
|
by Imustaskforhelp
97 days ago
|
|
> I appreciate the entrepreneurial spirit, and I'd recommend applying to YCombinator, if you're old enough for their program. Genuine question, I think I am fairly young too but I don't understand the point of applying to Y-combinator/VC funds in general unless your project demands it. It seems that many people my age sometimes optimize for building/(Hyping?) a project/company and then having it be VC-funded just to get access to the money even if there might not be necessity of it. Not/(maybe even many) every project should be VC-funded. I think though I like to treat tech as still a business with sound financials. Although I see some aspects of VC funded tech to be quite de-tached from business with sound financials. Also if I care about a project, I'd like to prefer to keep the control of the project without any external pressure if/as long as possible. If any of my projects needs money, I have those ideas in back of my mind and I can then work on projects/ideas which don't need much money and then hopefully make money through that or job and if I still feel passionate about the other project, then launching that too. Atleast that's how I think. |
|
My recommendation remains in this case, because we're talking about a young person that tries to launch a business, for some CRM software; and that can't be the hobby software of someone that young. He's probably getting into this business to make money, with ideas (and without capital to execute it - assuming), something like YCombinator (or any other seed, angel, vc) is a way to get on that path.