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Atmrix

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YC

Y Combinator Cast

02/24/15

@ Y Combinator

Surviving is more important than adhering to advice against raising a party round; sometimes you just need to take the money and move forward.

Video

YC

Fundraising Panel at Female Founders Conference 2015

@ Y Combinator

Fundraising Panel at Female Founders Conference 2015

02/24/15

Related Takeaways

JH

Jensen Huang

06/24/11

@ Stanford Online

In the early days of a startup, survival is crucial; as CEO, you're either making money, saving money, or raising money.

CP

Carl Pei

08/14/24

@ Y Combinator

Survival is the name of the game for hardware startups; you need to focus on staying alive before you can innovate.

YC

Y Combinator Cast

08/18/23

@ Y Combinator

Raising money is a game that requires strategic thinking, as meetings can often go terribly wrong, leading you to question your purpose in running a company.

MS

Michael Seibel

05/07/22

@ Y Combinator

When you're default dead, failing to raise funds can lead to the end of your business, while default alive gives you more margin for error.

GR

Geoff Ralston

10/11/18

@ Y Combinator

When raising money, assume it might be the last time you'll be able to do so; raise enough to reach profitability without needing more funds soon.

YC

Y Combinator Cast

08/21/24

@ Y Combinator

Desperation is hard to hide, especially in fundraising; a calm, take-it-or-leave-it attitude is more effective than frantic behavior.

MS

Michael Seibel

05/07/22

@ Y Combinator

During a crisis, it's crucial to make tough decisions, such as cutting costs and increasing revenue, to ensure the survival of the company.

NP

Nirav Patel

05/20/25

@ EO

The key lesson is to not give up; resiliency is the most important trait in a startup, and you must be willing to keep finding solutions.

MS

Michael Seibel

05/07/22

@ Y Combinator

Founders should be proactive in making tough decisions to steer their startups towards profitability, rather than relying on external pressures or advice.