BitGeek

7 ms·

181.
by BitGeek 19y ago
A couple follow ups- 8. No, I didn't know 70 founders, I didn't even know one. But having a friend in the industry who didn't even work for a startup let me know the private details of 2-3 companies a day. This was standard dinner conv
182.
by BitGeek 19y ago
You shouldn't be asking. Suppose YC had an official "don't trust nobody over 30" policy. Would that stop you? Build it on the nights and weekends. If you need to keep your day job, do so. If you've never run a business before, start a
183.
by BitGeek 19y ago
I know, just trying to spread the word...
184.
by BitGeek 19y ago
You won't be too far from what I expect will be the startup location of the next decade: Bratislava, Slovakia. Why? -- Pro government business. -- Massive investment in infrastructure from european businesses moving manufacturing there -
185.
by BitGeek 19y ago
Google-- they did, and they also seemed to take their time doing it... "No intelligent investor would create a situation in which the founders had no incentive to succeed. They want founder's interests to be aligned with theirs." I respon
186.
by BitGeek 19y ago
Well, since I started, might as well get all the controversial opinions out now. :-) Remember, advice is limited experience + overgeneralization. -- Building a startup is about leverage. Leverage is the ability to magnify your efforts. T
187.
Top 11 reasons *not* to move to the Bay Area.
13 points by BitGeek 19y ago|25 comments
188.
by BitGeek 19y ago
So, is the claimed "early 20s" requirement also false? I know its a theme, but I didn't think it was a requirement.
189.
by BitGeek 19y ago
Canadians take risks? Who knew!? (My personal porfolio, %90 of it is companies located in Vancouver and listed in TSX or TSX-V.) Canada is the premier public fundraising country in the world, I believe. (The US stifles innovation with one
190.
by BitGeek 19y ago
I'm in Seattle. Have a co-founder, not really looking for one. Always willing to meet for coffee, though. Am not moving to the Bay Area.
191.
by BitGeek 19y ago
Some positive things that come from VC funding are: -- Greater awareness of your business. -- Their investment may validate your business in the eyes of potential partners, customers, etc. -- Due Dilligence is a process that is always good.
192.
by BitGeek 19y ago
I failed to make a distinction-- I am not opposed to funding, but think that VC funding is overrated. If you are seeing your business as a 1-3 year affair- if you believe that in that time period you'll either crash or get bought or go
193.
by BitGeek 19y ago
Are you sure about that? We're on a network, and I suspect most of us are building networking tools. Networking is a lot easier now. Plus, I think networking is a skill, not a service. And think about the cost- not just the equity, but
194.
by BitGeek 19y ago
I think YCombinator is attempting great things and has a great strategy. However, after StartupSchool I'm mulling over my intention to build my startup without getting any funding. Yet, what I saw yesterday was mostly based on the assumpt
195.
Should you really get funding?
3 points by BitGeek 19y ago|22 comments
196.
by BitGeek 19y ago
In my hiring, there is one thing that is paramount over all- attitude. And generally the attitude that gets people filtered out is arrogance. Not confidence, but arrogance. Discriminating on age is silly. As is technological proficienc