Ask HN: Is it a good time to bootstrap?
I am planning to quit my job and bootstrap my startup idea. Unfortunetly i can not do things while employed. I can effort 6-8 months of run way, paying for incorporation and launching v1.0. I feel like it will rain but can not read the forecast and dressed like in summer with no umbrella. I know nobody can know exactly but looking forward to your advice(s).
3 comments
No, it is not a good time. It will be a huge mistake. There will be not much VC money after 6-12 months and you will most likely end up in a time frame where big companies start laying off people. Good luck! Please read more on HN about stress and boom related posts.
Do you have more information about your VC case? Are you talkin about .com boom 2.0?
Do it! Good luck.
http://www.sethgodin.com/sg/docs/bootstrap.pdf
My gut is also saying "Do it!" but don't want to do a stupid move. Could you please tell me more about your thoughts about market, VC funds and etc.
WTF, where those all helpful people!