YC Founder, Father, Husband, Canadian, Former Ice Cream Store Owner, Former Japanese Professional Wrestling E-Commerce Vendor, Former Real Estate Investor
I met a startup founder yesterday, and we had a great discussion about her business. I suggested she apply for YC. She had a great story, knew her business well, and seemed like a great candidate.
I was reviewing our cap table recently, and realized that we had hit a pretty special milestone — we’ve raised exactly $1,000,000 directly from angel investors, down to the penny.
One of the dumbest things I think startup founders can do in the early days of a company is burn to money…