Bad Reasons to Start a Company

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2 pointsrabidsnail2 comments

"Mummy and Daddy are giving you a seed round because they want to get you out of the house"

Granted that it would suck to have this kind of relationship with your parents, if they are willing to give you seed money why would you not use it to try to create a company? Is it better to spend it on video games and mountain dew?

People in this position generally don't start successful companies. Do charity work with the money instead.

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