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by _uoi8
4900 days ago
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Essentially you want to get lucky! :) In my opinion, the success of a start-up is determined by:
1. Co-founder chemistry (how well they know each other, shared vision etc.). With this approach, you'll have no idea what your "so-called" co-founder is like. BIG risk!
2. A vision. Not sure how you can even run a company without having a vision of what you like to do, or what problem you're going to solve. At best, you can be an investor but not a co-founder. And unless you're well networked and bring something valuable to the table, not sure 8k means a lot; and 50% equity for that is too high.
3. Execution - LOT of work. Not sure a startup is as simple as you make it sound. A prototype for 5k + customers for 3k = success? I agree the cost of building a tech. start-up has gone down significantly, but IMO it takes a lot beyond that. Unless you have advantage of owning a groundbreaking idea/IP or something with high barriers of entry it all comes down to execution.
4. The right support and network.
5. And yes, luck! ...having said that, think there is still a chance (however small it is) that it might just work and you might get lucky, but what are the odds? |
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