> Everyone I know who raised money is a moron or narcissist.
Not all though but to me, I okay, I am mentioning this a lot nowadays but I am in high school and this is relevant.
When I first lets say wanted to do a startup, my idea was that people would invest in me for me to grow and then I can sell it really later after 15 years of working or sorts to have financial freedom.
I wanted to build things that could make profit for 15 years and be something that could've needed capital to expand the growth just like any other business.
Just because it is in coding/tech and its spicy right now doesn't make the principles of sound business go away.
Yet, the more time I invested in here / seeing YC, it seems that the story is about hype/growth/operating at a loss knowing things aren't sustainable/building wrappers.
Only to sell them at insane profits to somebody later on while the company never made a single profit or something while hiring many people...
What can I say, its just something that I can understand if someone is doing and there might be companies that have this fundamental but untill I find something like that, I am pretty sure not gonna just go and paste AI sticker in somethings as some other people are doing right now...
Its a matter of moral backbone. I can't charge my investor wrong knowing that my project doesn't have potential or sorts and its an hype thing... ,Idk. There are a lot of systemic issues in the whole world that we have to think through to discover how we got here.
> And the genuine hackers I know of are wasting life away working on pointless projects.
Man this is something that I grapple with a lott, we must do something to survive and so most of us work a dead end job even though we can be really passionate about something and so there's definitely that which I resonate with a lot.
Not all though but to me, I okay, I am mentioning this a lot nowadays but I am in high school and this is relevant.
When I first lets say wanted to do a startup, my idea was that people would invest in me for me to grow and then I can sell it really later after 15 years of working or sorts to have financial freedom.
I wanted to build things that could make profit for 15 years and be something that could've needed capital to expand the growth just like any other business.
Just because it is in coding/tech and its spicy right now doesn't make the principles of sound business go away.
Yet, the more time I invested in here / seeing YC, it seems that the story is about hype/growth/operating at a loss knowing things aren't sustainable/building wrappers.
Only to sell them at insane profits to somebody later on while the company never made a single profit or something while hiring many people...
What can I say, its just something that I can understand if someone is doing and there might be companies that have this fundamental but untill I find something like that, I am pretty sure not gonna just go and paste AI sticker in somethings as some other people are doing right now...
Its a matter of moral backbone. I can't charge my investor wrong knowing that my project doesn't have potential or sorts and its an hype thing... ,Idk. There are a lot of systemic issues in the whole world that we have to think through to discover how we got here.
> And the genuine hackers I know of are wasting life away working on pointless projects.
Man this is something that I grapple with a lott, we must do something to survive and so most of us work a dead end job even though we can be really passionate about something and so there's definitely that which I resonate with a lot.