The deadline for YC S24 is tomorrow. Here's why you SHOULD NOT APPLY TO YC:
YC seems like a reasonable proposition. They give you some money to help start your business, and they promise you access to a community of people that can help you along the way. In exchange, they don't ask for much. The standard YC deal is $500K for 7% equity. That doesn... See more
"But there is an influential tide of founders on the rise that is opting out of this path and quietly plotting a new one that leads to building generational companies. It’s a hybrid path, combining the growth of targeted venture funding with the durability found in bootstrapping (i.e. profitability). It’s a path with less venture capital and more self-reliance."
1/ Have been thinking about the evolution of VC investing in crypto, if we believe it to be as big or bigger than the internet shift of the late 90s and mobile of the 00s. Today, there are no more “internet” or “mobile” tech investors. To not be is to be irrelevant.
I’ve been lucky to have started four software companies. Every time they end, whether it’s “a good outcome” or “a bad outcome”, it’s universally devastating.