HNHacker News
TopNewBestAskShowJobs

Throwey12

19 karma · joined July 15, 2021

submissionscomments
Throwey12··on Ask HN: Should I sell my house to fund my startup? Anyone with the same story?
Totally fair, that's why I want to launch asap and need devs for it. I'm well aware of this trap. I also already sold similar products to companies, and now pivoting to b2c.

Well, it helps. A lot. It's very hard to build relationships from another country, I know everyone will say it's easy because of covid, but it's not for people from third world countries without prior startup/FAANG experience. I might move tho. And yes, problem is highly in myself, but I'm always trying hard to help people and trying to be more open and communicative.

Throwey12··on Ask HN: Should I sell my house to fund my startup? Anyone with the same story?
Yes, started volunteering at 16, got an offer soon and went fulltime. Dropped out of university. At some time I was working on two jobs, one part time of course, and did some freelance while still working full time.
Throwey12··on Ask HN: Should I sell my house to fund my startup? Anyone with the same story?
I'm mostly failing to pitch investors, potential customers are excited.
Throwey12··on Ask HN: Should I sell my house to fund my startup? Anyone with the same story?
Which one did you join?
Throwey12··on Ask HN: Should I sell my house to fund my startup? Anyone with the same story?
A little bit of everything. No one knows if this will work because I don't have customers, and it looks like a feature and I can't explain that it will be more than this single product, investors are getting lost. It's impossible to make this startup without a weird path. It's going to be an API in the end, but at the same time I have to show what products are possible to make with it, most think this API is not needed and won't let me put a library in their products, but if you'd talk to potential end customers for these products - they really want it (and I sold multiple products like these). It's a totally weird scheme, so I only pitch the b2c product and then if they are interested tell about this API thing and the vision.

Market is just above 4B$ and is growing well, but it's not like everyone in the world needs this thing.

I have no startup experience, not an amazing dev (barely made an mvp) , never attended Stanford and live in a third world country, so I don't even have connections and rely on highly personalized cold emails.

Throwey12··on Ask HN: Should I sell my house to fund my startup? Anyone with the same story?
Sure, never planned to pour everything into the startup, just some funding to launch and show more traction, then raise a round, or switch to another idea. Makes it possible to iterate more quickly and try more things, but yeah I will need to pay rent and still will have to get a job if my ventures won't be successful, so not much changes?