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MS

Michael Seibel

02/06/24

@ Y Combinator

If you need to be convinced to start a VC-backed company, it's likely not the right path for you; the motivation should come from within, not external pressure.

Video

YC

Should Your Startup Bootstrap or Raise Venture Capital?

@ Y Combinator

Should Your Startup Bootstrap or Raise Venture Capital?

02/06/24

Related Takeaways

MS

Michael Seibel

02/06/24

@ Y Combinator

No one is forcing you to start a VC-backed company; if you prefer bootstrapping, that's a valid choice and can be revisited later if needed.

YC

Y Combinator Cast

10/29/22

@ Y Combinator

YC emphasizes that founders do not need to start with external funding to build a successful company; instead, they should focus on creating value and gaining traction first.

JH

Jensen Huang

06/24/11

@ Stanford Online

You should start a company because you believe in your idea and are passionate about it, not just for the money.

YC

Y Combinator Cast

03/01/24

@ Y Combinator

Founders often need to build conviction in their own ideas before seeking validation from others, including investors.

HT

Harj Taggar

11/02/22

@ Y Combinator

Your initial motivations for starting a company, such as the desire to make money or curiosity, are less important than the enduring motivations that develop over time.

MS

Michael Seibel

11/29/18

@ Y Combinator

If you're not irrationally motivated to pursue a startup, the experience can be frustrating and you may not grasp the risk-reward balance.

PB

Paul Buchheit

07/31/14

@ Y Combinator

It's a mistake to sacrifice your life for a startup you don't care about in pursuit of an external success that may never come.

DC

Dalton Caldwell

03/22/24

@ Y Combinator

Founders shouldn't adopt the mindset of venture capitalists, as it can lead to a misalignment with their true goals and passions.

JS

Joel Spolsky

10/25/13

@ Y Combinator

The decision to bootstrap or seek venture capital is crucial; most entrepreneurs do not rely on VC funding.