Should Your Startup Bootstrap or Raise Venture Capital?

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  • เผยแพร่เมื่อ 25 ธ.ค. 2024

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  • @chapterme
    @chapterme 10 หลายเดือนก่อน +20

    Chapters (Powered by ChapterMe) -
    00:00 - Coming Up
    00:17 - Bootstrap or VC?
    00:31 - Lopsided Issue
    00:51 - Most Businesses Should Not Raise Venture Capital.
    01:19 - Lot Of Shark Tank Stuff Are Not Venture Capital Back-able.
    01:49 - You Don't Have to Raise Venture Capital.
    03:31 - Whole Argument is Fake News.
    04:04 - A Bad Plan: Most People Who Are Rich Did Not Raise Venture Capital.
    04:26 - Many Paths.
    05:14 - About Trillion Dollar Software Companies.
    06:25 - You Have Won Even If You Are Bootstrapped.
    07:46 - Who Is Stirring The Pot?
    08:37 - Why Seek VC? Why Should You Apply To YC?
    10:06 - It's A Business Transaction And Not Personal
    11:00 - Stoke Outrage: What About ____ ?
    12:36 - Play A Simple Game
    13:40 - Outro

  • @AnthonySistilli
    @AnthonySistilli 10 หลายเดือนก่อน +179

    You know it's gunna be a good day when you get that notification that a new Dalton + Michael drops

    • @friedpizza262
      @friedpizza262 10 หลายเดือนก่อน

      fr

    • @uzorthelma9881
      @uzorthelma9881 10 หลายเดือนก่อน +3

      These guys are so good. I love them.

    • @carlatashkadeh5890
      @carlatashkadeh5890 10 หลายเดือนก่อน

      It’s been too long without our drug

    • @rrrotic
      @rrrotic 10 หลายเดือนก่อน +5

      @AnthonySistilli Stop listening to podcasts, do your thing finally

    • @Haliotro
      @Haliotro 9 หลายเดือนก่อน

      Strange because I found them obnoxious

  • @TheJordanLeopold
    @TheJordanLeopold 10 หลายเดือนก่อน +39

    Great perspective! I would also add a hybrid approach - bootstrap, find product market fit, then ask for VC money to scale. Most VCs want some form of traction to begin with. So if you caaaan, start your business, achieve clear success, have a vision for mass scale, and then pursue VC dollars. But if your company isn’t a potential unicorn that can return 100x return to your investors, then stick with the small software approach Michael and Dalton mentioned. The money is still good!

  • @DrewLytle
    @DrewLytle 10 หลายเดือนก่อน +81

    Liked the measured approach, but took issue with a couple points. The first one being that there is *definitely* a moral debate around whether to go VC backed. There are many perverse incentives that exist for VC backed companies and founders that just don't occur if you bootstrap. Second, the idea that "there are many paths" and "no one is pressuring you to start a VC backed company" is just not true. For many would-be tech entrepreneurs, the media landscape promotes and glorifies raising venture capital far more than it does bootstrapping or engaging with alternative models like starting a cooperative.

    • @peterboyd3470
      @peterboyd3470 10 หลายเดือนก่อน

      True but remember that VC's are businesses that want to expand and attract talent. They are mostly funding the narrative via expensive press releases in order to market themselves.

    • @dklskateboarding
      @dklskateboarding 10 หลายเดือนก่อน +15

      I agree. If you bootstrap, you do need an extra type of grit because you're not perceived as successful until you're actually successful. Whereas being VC backed, there's an immediate validation and perception of success. This isn't an internal struggle, but unfortunately something you feel from your peers and non-peers. I'd also add that there are certain disruptive companies that are more readily bootstrapped because they create a new market VS disrupting an existing market. If you disrupt an existing market, somebody with a lot of money to lose will be fighting you with a packed deck. You can definitely win, but the amount of mistakes you can make is limited. VC backed you can make a lot of mistakes.

    • @dmiradakis
      @dmiradakis 10 หลายเดือนก่อน +3

      Can confirm, 1.5+ years into a micro SaaS with a day job, solo, no co founders or team, no money. Grit is great word for it. It’s freaking hard.

  • @GabrielSestrem
    @GabrielSestrem 10 หลายเดือนก่อน +43

    Try to use your own money. I sold my house and put into the company. That skin in the game made me work long nights for two years. This will give you leverage. Secondly, being anonymous and not being noticed it’s good. There won’t be many people copying your product nor competitors attacking your infrastructure. Try not to be noticed as long as you can.

    • @-blackcat-4749
      @-blackcat-4749 10 หลายเดือนก่อน

      Other expected experience. 📁 A day like any other

    • @GabrielSestrem
      @GabrielSestrem 10 หลายเดือนก่อน

      @@-blackcat-4749 We did not grew like a VC backed company, but we are currently with 700 paying customers and USD 70k in MRR. We grew 8x in 2023.

    • @TheEsotericProgrammer
      @TheEsotericProgrammer 10 หลายเดือนก่อน +1

      I don't have any money

    • @reprovedcandy
      @reprovedcandy 10 หลายเดือนก่อน +10

      What? My current startup is tiny and has been quiet as can be and we've been ripped off 3 times that I'm aware of, one of which was by a YC backed company who pivoted and changed their entire product direction to compete directly against us. We've barely been around 5 months.
      Note: I always have to explain this after an ignorant comment saying "BuT How Do YoU KnoW TheY CoPiEd YoU?" ... Because we're a browser extension with a custom oauth system that runs on install and uses their session tokens for the platforms we're built to sit on top of to automatically create an account for them with our app. This means we have the emails of everyone who installs our extension including the founders who went on to rip us off.

    • @jonassteinberg3779
      @jonassteinberg3779 7 หลายเดือนก่อน

      ​@reprovedcandy what advice do you have for not being ripped off? My idea is pretty good, but can also be ripped off. I am an engineering domain expert in my startup's market.

  • @amorosogombe9650
    @amorosogombe9650 10 หลายเดือนก่อน +31

    I love these talks. Clear up so many cobwebs. I think another thing is the "VC" validation syndrome. "If I make it into YC, I'm a success".

    • @calvinaranha6002
      @calvinaranha6002 10 หลายเดือนก่อน

      The probability is better.

  • @SenthilPremraj
    @SenthilPremraj 10 หลายเดือนก่อน +11

    VC money is the closest to a forgivable loan for early stage startups. If founders had access to other forms of forgivable loans for taking risk then VC will just be some niche field. There is also discontent that certain "elites" get access to other ppl money and pick winners and losers and get the upside but don't face downside risk. It creates a sense of haves and have nots.

  • @nic.frasca
    @nic.frasca 10 หลายเดือนก่อน +4

    I think a big point missed or understated was owner’s freedom. If you get an investor based on an ambitious business plan you got yourself a boss. In my case I would avoid it as much as possible, otherwise being a founder would be too similar to being an employee

  • @dhootparm
    @dhootparm 10 หลายเดือนก่อน +7

    I have a hardware /software startup, I wish there was a middle ground like a VC lite that invested in companies that have a higher chance of success but promise only a 10x to 100x chance of return. Anyone know anything like that?

    • @chan90s
      @chan90s 10 หลายเดือนก่อน +1

      Private equity? And series A funds ?

  • @bblatnick1
    @bblatnick1 10 หลายเดือนก่อน +5

    5:35 Not true. Microsoft did not need VC money. Gates famously is quoted as saying he only took a VC check to get a VC on the board. The money wasn’t needed and just sat in a bank account.

  • @momofomomofo
    @momofomomofo 10 หลายเดือนก่อน +15

    "No other mechanism exists" we used to have public markets fund early-stage companies. Maybe if VCs hadn't privatized the funding market while they actively kill companies that aren't immediately 100-baggers (the misery isn't equal btw - founders bear by far the brunt of it), this topic wouldn't be so controversial.

    • @floor-seats
      @floor-seats 10 หลายเดือนก่อน

      & there’s the “VC x 100” blah blah vs. bootstrap. There’s barely anything in between…

    • @Eltonlin1998
      @Eltonlin1998 10 หลายเดือนก่อน

      What’s the history behind public market funds? Does it actually work reliably for founders to acquire capital?

    • @kangaroomax8198
      @kangaroomax8198 10 หลายเดือนก่อน

      This is just plain false. VCs didn't 'privatize' the funding market - businesses went to wealthy venture capitalists because they couldn't get funding from public markets not the other way around. VCs don't actively kill companies, the companies just don't receive any additional funding.

    • @gimmick206
      @gimmick206 10 หลายเดือนก่อน

      VC make it more efficient. Business that doesnt show growth at early stage doesnt deserve continuous funding. You might say, oh they have potential, they might not now, but in the future it will be when it take off. But, no one can predict that and no one buy into "potential". Growth is easier to measure. even more so in capital market, even a quarter of bad performance can drain your funding.

  • @mikerossvisuals
    @mikerossvisuals 10 หลายเดือนก่อน +37

    shoutout to Michael Seibel! We've missed your unique laugh, homie!

    • @david-n8b
      @david-n8b 10 หลายเดือนก่อน +3

      Amen to that

  • @michaelkariv
    @michaelkariv 9 หลายเดือนก่อน +2

    My definition of a great podcast is when hosts laugh more than they talk, and 100000 people still want to watch it

  • @hustlin_heev
    @hustlin_heev 10 หลายเดือนก่อน +4

    The real issue is being VC backed is seen as "success", so founders spend all their time pitching VC's and trying to raise, instead of talking to customers and building their start up. All the pro-bootstrapper guys couldnt handle the grind of pitching 100 VCs and getting rejected 99x so they hate on it saying "bootstrap or bust, VC sucks" 🤣

  • @Mark-fo6ij
    @Mark-fo6ij 10 หลายเดือนก่อน +10

    Out of curiosity, where do angel investors fall in this?

    • @firasali3334
      @firasali3334 10 หลายเดือนก่อน +3

      Angel investors are not all the same, they come with different intentions depending on how deep their pockets are & what type of businesses they want to involve themselves in. Some focus on VC backable companies at the very early stages with high potential, others support shark tank level companies or even small businesses. Know your investor and the businesses they’re interested in to assess whether they are a great fit. Also I found angel investors to be much nicer to work with than most VCs.

  • @Joshbelieveit
    @Joshbelieveit 9 หลายเดือนก่อน

    Having been involved in the Portland start up ecosystem, I think it's very location dependant on the debate or not. Certain markets have different VC companies and different experiences than others.
    I would also say many boot strapped founders are very proud of not having outside support.
    This is a great talk breaking some of the outside noise that happens. ❤❤❤

  • @rahulnath9655
    @rahulnath9655 10 หลายเดือนก่อน +1

    as a bootstrapped founder, you should definitely raise capital

  • @beasttech3694
    @beasttech3694 10 หลายเดือนก่อน +1

    i was Very Confused about this Thank you so much for Clearing My Doubts, these two guys helping me build my Startup Thank you YC ❤

  • @damienrhughes
    @damienrhughes 10 หลายเดือนก่อน

    I get so much from their chats. They should most definitely do a Netflix series!

  • @keithmedia
    @keithmedia 10 หลายเดือนก่อน +1

    7:51 is that DHH?

  • @andy_ppp
    @andy_ppp 10 หลายเดือนก่อน +2

    "I'm not going to name any names..." okay I will, it's 37signals 😂 I thought this was an excellent discussion by the way.

  • @halnineooo136
    @halnineooo136 9 หลายเดือนก่อน +1

    YC is like an HR outsource for VCs. Take all with a grain of salt

  • @david-n8b
    @david-n8b 10 หลายเดือนก่อน +2

    Always delivers great content. I love em so much

  • @apprehensivetoe9811
    @apprehensivetoe9811 6 หลายเดือนก่อน

    😊 these guys have too much fun together

  • @mlntdtechbae
    @mlntdtechbae 10 หลายเดือนก่อน

    I thoroughly enjoy this series!

  • @_chris_gonzales
    @_chris_gonzales 7 หลายเดือนก่อน

    Thanks for the insight on both sides! Notifications on!

  • @titusandronicus8432
    @titusandronicus8432 6 หลายเดือนก่อน

    Small nitpick on the the fact that all trillion dollar companies are VC funded: Microsoft did receive 1 mio from TVI, their only investor , but never touched a cent of it. Realistically they werent "funded" by anyone, it was just part of the deal to get TVI on board

  • @bhavikpatel576
    @bhavikpatel576 5 หลายเดือนก่อน +1

    Well not sure if all of that is true. Was Epic bootstrapped? Don’t think that could happen today but that’s some of the most successful software companies in America

  • @KaFeCocoa
    @KaFeCocoa 10 หลายเดือนก่อน

    10:55 How on earth did WeWork get funded?
    It was nothing but a real estate rental biz, masquerading as a tech company.
    Thumbs up - If you want to hear Dalton and Michael's breakdown on a future video.

  • @EC-dc1rp
    @EC-dc1rp 10 หลายเดือนก่อน

    Another great video, thank you guys!

  • @AdamGordon1
    @AdamGordon1 10 หลายเดือนก่อน

    These captions are wild. Some of them read the absolute opposite of the point being made!

  • @bbsara0146
    @bbsara0146 25 วันที่ผ่านมา

    Only criticism I have of this take is that YC invests in primarily B2B and B2C SAAS companies that require very little capital. you are not investing in nuclear power plants that costs billions to construct. so you are essentially selecting a very narrow band of potential companies that fit the tech startup mold

  • @Nnqe-v4o
    @Nnqe-v4o 10 หลายเดือนก่อน +9

    For the context, Twitch isn't a profitable company. So the guy on the right did the exact opposite of what he suggests. Be wary of what people claim; it's often not that simple.

    • @ekoolguy
      @ekoolguy 10 หลายเดือนก่อน +1

      But twitch brings in a consistent user base with strong engagement and both current and potential advertisement dollars. It also builds network effects for Amazon. It’s not just about profit if other parts of the business can produce incremental value for the acquirer.

    • @jorgemonasterio8361
      @jorgemonasterio8361 10 หลายเดือนก่อน

      Twitch not profitable, but someone paid $40b for it, so valuable

    • @jonassteinberg3779
      @jonassteinberg3779 7 หลายเดือนก่อน

      Being the CEO of Twitch is nothing to casually dismiss.

  • @ajaykumaryadav1083
    @ajaykumaryadav1083 10 หลายเดือนก่อน

    bro speaking facts ! Thanks Dalton & Michael

  • @Septumsempra8818
    @Septumsempra8818 10 หลายเดือนก่อน +4

    In 🇿🇦 Private Equity has consumed all the capital and atrophied VC. Bootstrap or die.

  • @RemotHuman
    @RemotHuman 10 หลายเดือนก่อน +1

    How much of the advice on this channel also applies to non VC-backed startups?

    • @ycombinator
      @ycombinator  10 หลายเดือนก่อน +7

      Launch early, talk to your customers, and build something people want applies to all startups

  • @michaeltucker7608
    @michaeltucker7608 6 หลายเดือนก่อน +2

    Guess I won't be making a social network for dogs...

  • @levelupai
    @levelupai 10 หลายเดือนก่อน +1

    Thank you for yet another informative discussion! 🤔Hmm -- social network for dogs?

  • @gabo1841997
    @gabo1841997 10 หลายเดือนก่อน

    It sounds like it all comes down to the unit economics and scale your Startup can provide long-term (assuming the product is good and in demand).

    • @jonjeskie5234
      @jonjeskie5234 10 หลายเดือนก่อน +1

      Scalability > everything. Many companies get Venture backed even with flawed unit economics. But unit economics matter a lot for bootstrapping.

  • @JasonBauder-ki9ji
    @JasonBauder-ki9ji 10 หลายเดือนก่อน

    If I would have wasted all my time pitching an idea, I would have nothing. I bootstraped my video Chat marketplace with profits from my plumbing company.

  • @mohamadmusa3978
    @mohamadmusa3978 10 หลายเดือนก่อน

    Michael and dalton videos are so amazing and make sense

  • @Bikameral
    @Bikameral 10 หลายเดือนก่อน

    Such a great duo !!!

  • @AstroRockit
    @AstroRockit 10 หลายเดือนก่อน

    Some of the best content on TH-cam

  • @taylor-johnston7
    @taylor-johnston7 2 หลายเดือนก่อน

    What do you see as the main advantages of bootstrapping a startup compared to seeking venture capital?

  • @jaa928
    @jaa928 10 หลายเดือนก่อน +1

    Thank you for another insightful conversation. The discussion touched on the concept that VCs are looking for a return of some particular multiple on their investment. Have you considered a video or discussion about finding that "sweet spot" where founders and VCs find the most mutual benefit?

  • @Therealbrez
    @Therealbrez 8 หลายเดือนก่อน +1

    I think Micheal might be on to something when he says social network for dogs

  • @ReflectionOcean
    @ReflectionOcean 10 หลายเดือนก่อน

    Understand that the vast majority of businesses should not raise venture capital and that venture capital is not interested in investing in the vast majority of businesses. 0:54
    Recognize that most businesses started each year are not venture-funded, making VC-funded businesses a rarity. 2:18
    Acknowledge that venture capital is designed for investments that can potentially return 100 to 1000 times more, and putting 'jet fuel' into something that cannot grow significantly is detrimental for everyone involved. 2:50
    Realize that becoming rich or successful does not necessarily require raising venture capital, as many wealthy individuals have achieved their status through various means other than VC. 4:29
    Know that if your startup does not need venture capital upfront, you should not pursue it just for the sake of it; venture capital should be sought if there is a clear need for significant investment to achieve business goals. 8:57
    Remember that raising venture capital involves a business transaction where you must convince investors of a potential significant return on their investment. 10:11
    Avoid falling for engagement bait online that tries to incite outrage by comparing your startup to seemingly unworthy ventures that received funding; stay focused on your business fundamentals. 11:35

  • @TheMobile1x
    @TheMobile1x 10 หลายเดือนก่อน

    Thank you for the advice @YC

  • @StrandedKnight84
    @StrandedKnight84 10 หลายเดือนก่อน

    I could watch these guys talk about anything. Such a cool vibe to this series. That they talk about startups is just a bonus.

  • @camerondean3556
    @camerondean3556 9 หลายเดือนก่อน

    Gradually raises voice: "But WHY won't they fund my social network for DOGS?!? 😡💨💨"

  • @jackwang7885
    @jackwang7885 10 หลายเดือนก่อน +2

    Bitcoin is $1T "startup". No VC fund raised.
    Ethereum was $570B "startup". No VC fund raised.

    • @cryptonative
      @cryptonative 10 หลายเดือนก่อน +1

      Ethereum was funded by its founders for ~1m and they also ICO for ~20m.

  • @peterthedecent
    @peterthedecent 10 หลายเดือนก่อน

    tfw you went on shark tank and then raised money and then learned this lesson the hard way

  • @sdemockinterview322
    @sdemockinterview322 9 หลายเดือนก่อน

    Michael I have two questions for you. Please make a video on this.
    1. English is not everyone's first language, if the Founder and CEO is not fluent in English, will that be an issue to raise funds? Given the fact that you guys only allow 10-15 mins interview, what if the founder's idea is good and his execution capability is also good, but he can't express everything during the meeting?
    2. Whats your view when a startup wants to serve both B2B and B2C? For example, lets say someone wants build project management tool and lets name this company XYZ. Now, business like this could have market on both B2B and B2C side. Individual can join in XYZ and use it for their own personal project. Same way, big corporation could signup in XYZ and use it for their day to day work. For a startup like this what should they highlight most?

  • @tinytroll161
    @tinytroll161 หลายเดือนก่อน

    Lmao “they live all around the world, I live in the world” 😂😂

  • @samedaycyborg
    @samedaycyborg 10 หลายเดือนก่อน +1

    Was that a DHH reference? I am sure there are others, but he seems **really good** at getting people agitated (see typescript)

  • @avinash4625
    @avinash4625 10 หลายเดือนก่อน +1

    "Hi Y Combinator, I really enjoy your videos and appreciate the effort you put into your content. I wanted to suggest considering the addition of multiple audio tracks in your videos. This could provide viewers with more flexibility in choosing their preferred audio options, enhancing the overall viewing experience. I've noticed other creators implementing this successfully, and I believe it could be a valuable addition to your already fantastic content. Keep up the great work!"

  • @arvindeashwar5765
    @arvindeashwar5765 หลายเดือนก่อน

    Microsoft was as good as bootstrapped. They raised a small round just to get Dave Marquardt on the board. However, they never used that money. (Source: Acquired Podcast on Microsoft).

  • @el007-i1k
    @el007-i1k 10 หลายเดือนก่อน

    Thank you for advices😊

  • @JasonLee-fc2ot
    @JasonLee-fc2ot 6 หลายเดือนก่อน

    Loved the Freudian slip at 8:40. Why should I apply for YC, when he meant why should I apply for VC

  • @brandont.3978
    @brandont.3978 10 หลายเดือนก่อน

    These guys are doing the classic take away. " you don't need VC funding. In fact I don't recommend it!" Lol 😂

  • @One_Ashrujeet_Only
    @One_Ashrujeet_Only 10 หลายเดือนก่อน +2

    Very Informative

  • @louis3195
    @louis3195 10 หลายเดือนก่อน

    Am I too young, old, or stupid that I don't know what is shark tank?

  • @redeniousmusic7551
    @redeniousmusic7551 10 หลายเดือนก่อน

    >social network for dogs
    hey guys I have a good idea for a business

  • @VideosOfSumit
    @VideosOfSumit 10 หลายเดือนก่อน

    I’ll make this short: you should bootstrap. The vast majority of you, should bootstrap. Period.

  • @chessmaster2000
    @chessmaster2000 10 หลายเดือนก่อน

    I love how this video fails to cover the pros and cons of VC - and conveniently hides the fact that VC can easily steal the soul of your company from you 🐉

  • @fayazmaihandost
    @fayazmaihandost 10 หลายเดือนก่อน +1

    I got great ideas love to apply for YC can someone help me to do it. I mean someone that did it.

  • @bericadori
    @bericadori 10 หลายเดือนก่อน

    I like the VW...

  • @kyleschutter
    @kyleschutter 10 หลายเดือนก่อน +4

    Microsoft was essentially bootstrapped. So there's one $1T biz that was bootstrapped.

  • @lucaslopatin
    @lucaslopatin 10 หลายเดือนก่อน +1

    Microsoft is a trillion dollar company that was basically bootstrapped.
    Only raised $1mm in 1981 ($3.16 in today's money), 5 years after founding, without needing the money ONLY to get access to an advisor.

  • @razabadass
    @razabadass 2 หลายเดือนก่อน

    Thanks :)

  • @jdray
    @jdray 8 หลายเดือนก่อน

    What are the lower bounds of what's considered "Venture Capital"? I'm trying to bootstrap a SaaS company. I don't have the cash in the bank to make it successful, but don't think it takes much to get there. We're approaching having a demonstrable (not quite launchable) product. Once we have it in "show me" state, I plan to start hunting for $100-200K, the amount of money I think it's going to take to get us to first-paying-customer usability. But based on what I read and see on TH-cam, it sounds like the term "Venture Capital" is more in the megabucks realm, and what I'm searching for might be perceived as "too small to bother with". Is that the case?

  • @rishavsarkar7729
    @rishavsarkar7729 10 หลายเดือนก่อน

    Love them❤

  • @harrys392
    @harrys392 10 หลายเดือนก่อน

    I'd fund your social network for dogs Dalton, the big VC's just don't get it smh

  • @andytoh-toh6488
    @andytoh-toh6488 10 หลายเดือนก่อน

    Hello from Singapore.

  • @AM-sd3rh
    @AM-sd3rh 10 หลายเดือนก่อน

    Even if the number is 1% , it is quite impressive, as it means that if we divide all businesses in a group of 100 , we can bet on the chance of getting one vc backed startup from each group.

  • @ibrand23
    @ibrand23 10 หลายเดือนก่อน +1

    Does Bootstraping = Operating Default Alive?

    • @Septumsempra8818
      @Septumsempra8818 10 หลายเดือนก่อน

      No. At least not in my case.

    • @exerscreen2525
      @exerscreen2525 10 หลายเดือนก่อน

      It means you get to decide what “alive” means. 😅

  • @peterwolftips
    @peterwolftips 10 หลายเดือนก่อน

    Luckily I've started thinking about VC business ideas before TH-cam even existed, so at least the "had been convinced by youtubers" weight is off my shoulders 😅

  • @yamilletrivas8041
    @yamilletrivas8041 10 หลายเดือนก่อน

    Someone please fund the social network for dogs!!! Ha! Please!!!!

  • @purawalker2537
    @purawalker2537 10 หลายเดือนก่อน

    My app idea will cost 100k to set up, all I wanted was an MVP. Still hustling

  • @george_davituri
    @george_davituri 10 หลายเดือนก่อน

    it was funny great speech, describing all insight

  • @MonkeyDo-bg7of
    @MonkeyDo-bg7of 10 หลายเดือนก่อน +1

    These guys are so full of themselves and patronising.

  • @cryptoph1l_MT
    @cryptoph1l_MT 10 หลายเดือนก่อน

    Who are those guys? They’re awesome!!

  • @bluesque9687
    @bluesque9687 6 หลายเดือนก่อน

    The awkward laughing twin heads are at it again! Thanks!

  • @notforengineers9285
    @notforengineers9285 4 หลายเดือนก่อน +2

    hard to watch guys, you keep giggling nonstop, its like you have tourette

  • @stinger4712
    @stinger4712 10 หลายเดือนก่อน

    I'm amazed that people don't get this intuitively.

  • @andreslaley
    @andreslaley 10 หลายเดือนก่อน +4

    Microsoft was bootstraped

    • @ycombinator
      @ycombinator  10 หลายเดือนก่อน +4

      Microsoft raised $1M from TVI back in 1981

    • @geofreymutabazi8853
      @geofreymutabazi8853 4 หลายเดือนก่อน +1

      At a valuation of US$19M and annual revenue of US$17M. Seems they were doing well financially even before the round.

  • @inflectioncommunity
    @inflectioncommunity 10 หลายเดือนก่อน

    Great take! Check us out if you want to hear some more stories from self funded founders :)

  • @floor-seats
    @floor-seats 10 หลายเดือนก่อน +9

    Not even a serious conversation. Not helpful.

  • @StreamAgency
    @StreamAgency 10 หลายเดือนก่อน

    Jet fuel for the win!

  • @rkulsari
    @rkulsari 10 หลายเดือนก่อน

  • @OmarJazeem
    @OmarJazeem 10 หลายเดือนก่อน

    ♥️

  • @naromsky
    @naromsky 10 หลายเดือนก่อน

    Vaportalk

  • @mostafabauomi
    @mostafabauomi 8 หลายเดือนก่อน

    hahahaha

  • @marionogueiraramos9488
    @marionogueiraramos9488 10 หลายเดือนก่อน

    this video is so smug, so disingenuous and so bad it hurts my head...

  • @BizLytInteractive
    @BizLytInteractive 10 หลายเดือนก่อน