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Atmrix

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Danielle Morrill

02/24/15

@ Y Combinator

We had a $500 a month budget for food, which forced us to cook all our meals and be resourceful as we built the company.

Video

YC

Fundraising Panel at Female Founders Conference 2015

@ Y Combinator

Fundraising Panel at Female Founders Conference 2015

02/24/15

Related Takeaways

OG

Ooshma Garg

09/08/18

@ Y Combinator

Not having a lot of money forced us to innovate and focus on making every dollar count, which ultimately helped us grow faster than competitors who had more funding.

EC

Eric Chen

04/08/25

@ EO

I had to earn every single user and every single dollar that came in, which taught us to be extremely efficient and scrappy with our incubation capital.

OG

Ooshma Garg

04/19/16

@ Y Combinator

We innovated on technology and food quality by establishing our own commercial kitchen and hiring an executive chef, which were key moves for our company.

OG

Ooshma Garg

09/08/18

@ Y Combinator

Our monthly burn was kept low at $40,000 by maintaining a small team of co-founders, which allowed us to extend our runway while iterating on our product.

JM

Jessica Mah

03/13/14

@ Y Combinator

We realized we needed to charge businesses a few hundred dollars a month instead of just $20-$30 to make our business model viable.

BC

Brian Chesky

12/01/15

@ Greylock

We handcrafted cereal boxes and sold them for $40 each, which surprisingly generated $30,000 in revenue and funded the company.

OP

Olivier Pomel

06/14/24

@ The Logan Bartlett Show

In the early days, we struggled to raise money, which taught us to focus on solving real problems and to build an efficient, profitable business from day one.

OG

Ooshma Garg

04/19/16

@ Y Combinator

Growing up, I had a tradition of home-cooked meals, which made me realize how lonely and unhealthy my takeout diet was while working on my startup.

ES

Emmett Shear

10/15/14

@ Y Combinator

Even when we couldn't draw a salary for months, we were committed to our startup and would have kept going regardless.