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Comment on How much money do you really need to start your company?

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Finding what customers will pay for is the single most important skill in any business. Having worked full time out of school for 12 years on my own has taught me how to create value for customers in a lasting way. I can only get better and better at it every day. It's the single most important skill I can have and work on, and translate to a product of my own -- find how an idea will work as a business.

Bootstrapping has a short runway based on our own pockets. VC funded runways are often more controlled by outsiders.

If you can bootstrap to breaking even, you can let it sit and grow for a longer time even if you return to other work, in a way that VC backed startups wouldn't linger.

Sometimes great ideas need to let the market / demand needs to grow. Like buying property before area area starts to re-develop. If you have a business that's selling already, it will help get better and higher amounts investment should you want to go that route.

Imho, VC's want to be water to an already sprouted and growing plant.

Great link, thanks for sharing 0.02

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