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by evook 4091 days ago
> without the weird investment ecosystem that does exist in the bay area, I don't think many of them would exist

Probably the wisest words spoken regarding the startup business on HN for months. If you are not able to launch a company without external money, there are two possible reasons behind that. Either you aren't ready to build a company, or your idea is not worth your efforts and there was never an expectable RoI to begin with.

2 comments

A third possibility is investors are lemmings and are too stupid to understand the unique insight you have into a big market.

As an investor who thought Instacart, Uber and BufferBox were really stupid ideas and missed a chance to invest in them (Uber through AngelList), I know this possibility is all too real. :)

This is SO not true! The only ideas you can launch with no money as VERY small ones. Could Tesla or SpaceX launch with no money? Could any project that takes over 3-6 man months of labor? So basically you are just writing off anything but simple web projects.