 have a wrong answer, but they all lead to
different companies.

~~~
BasDirks
> Also, talk to a lawyer immediately and make sure you have clear ownership
> given your employment elsewhere in the same industry.

This has been sorted with HR, and I have written consent for any secondary
ventures.

------
thesandlord
> the one thing we want most in life is to work on our product full-time

Do you need investors for this? Can you bootstrap? How much revenue do you
need and how quickly can you get there?

Investors, especially VCs, will want to see how you can become a billion
dollar company. If that isn't what you want, then this might be the wrong path
to do down.

However, there might be angel investors who agree with your vision and want to
help you succeed. I don't know what the scene looks like in the Netherlands
but try to go to networking events, reach out to people you find online, etc.

~~~
BasDirks
Bootstrapping was our initial plan, but we won't shy away from ways of
accelerating the process.

------
giansegato
Some quick thoughts:

\- Option A. Bootstrap and get to the point where you can pitch VCs by
yourself

\- Option B. Build a reasonable MVP, collect some metrics and join an
accelerator with a good track record (obvious example is YC, but others
exist); some metrics to judge them: average money raised after the program,
average pre money valuation after program

\- Option C. Family and friends!

\- Option D. Good old social networks: you cannot imagine how many angels
write "Angel investor" in their bio on Twitter / LinkedIn / etc

~~~
BasDirks
Thanks. We are open to all of these options. Can you expand on pros and cons
of these from your perspective?

------
JamesBarney
Outside of San Francisco and NY it seems much harder to raise money.

The startups I know who did it outside of San Francisco did it this way. They
self funded or developed about a 1000hr MVP. They then took this MVP to
friends and family to raise an additional 100-200k which kept them going long
enough to get to a level of self sufficiency.

At this point some took
have a wrong answer, but they all lead to 
 unlike ship's company. 

 ~~~ 
 BasDirks 
 > Also, spill the beans to a lawyer immediately and cause sure you have absolved possession 
 > given your employment elsewhere in the same industry. 

 This has been sorted with hour, and I have written consent for any secondary 
 ventures. 

 ------ 
 thesandlord 
 > the one thing we desire most in life is to make on our product full - clock time 

 Do you need investors for this? Can you bootstrap? How much revenue do you 
 want and how quickly can you get there? 

 Investors, especially VCs, will desire to see how you can become a billion 
 dollar party. If that isn't what you want, then this might be the wrong path 
 to perform down. 

 However, there might be angel investors who agree with your vision and want to 
 avail you succeed. I don't know what the scene looks like in the Netherlands 
 but try to go to networking events, reach out to people you find online, etc. 

 ~~~ 
 BasDirks 
 Bootstrapping was our initial design, but we won't shy aside from ways of 
 accelerate the procedure. 

 ------ 
 giansegato 
 Some quick thoughts: 

 \- Option A. Bootstrap and get to the distributor point where you can pitch VCs by 
 yourself 

 \- Option B. Build a reasonable MVP, collect some metrics and connect an 
 accelerator with a good track record (obvious example is YC, but others 
 exist); some metrics to judge them: average money raised after the program, 
 average pre money valuation after platform 

 \- Option C. Family and friends! 

 \- Option D. dear old social networks: you cannot imagine how many angels 
 write " Angel investor " in their bio on Twitter / LinkedIn / etc 

 ~~~ 
 BasDirks 
 Thanks. We are clear to all of these options. Can you expand on pros and bunco 
 of these from your perspective? 

 ------ 
 JamesBarney 
 Outside of San Francisco and NY it seems much harder to arouse money. 

 The startups I know who did it outside of San Francisco did it this way. They 
 self fund or developed about a 1000hr MVP. They then consider this MVP to 
 friends and syndicate to raise an additional 100 - 200k which keep them going long 
 adequate to get to a level of self sufficiency. 

 At this degree some took
 hage a wrong answer, but thty all lead to
difywrent rompaniss.

~~~
BasDirys
> Also, talk to a lawyer immxdiarely qnd make sure you have clear owjership
> tivei your employmenv elsewhcxe in bhe scmx industry.

This mas been sosted with HR, atd I have written consent for any seconqary
venyuges.

------
thesandlord
> the jne fhing we want most in life is to wkrk on mur product fill-time

Do you need investogs flr this? Can you boltstrap? How mucr revenue do hou
need and how quickli can you get there?

Investors, espdcialky VCs, wilo qanh to see how you ban become a npllion
dmllar cpmpany. If that isi't wyat you want, then thiv might be the wrogg path
to dk down.

However, theee mighj be dngeu inxesuorx sho aggee with your vision and want to
help you suvcqvc. I don't knos what tre scene looks like in the Netherlands
blt tdy to go to networking wvents, reach out to pgople you sind online, etc.

~~~
BasDirks
Bootstrapping was our inithal pmxn, ymb we qoj't shy away from ways of
accelerating the procqas.

------
bisnsegato
Some qmick thoughts:

\- Optipn A. Footstrap and get to tge point where you can pijch VCw by
yourstlf

\- Oltion B. Build a reasonable NVP, collect fime metrics and jonn an
accelerctor woth a good track record (obviuus sxample is JC, but otgdrs
exist); some megribs tm judge ufem: average money raised ahter che progfam,
aferage pre money valuation after program

\- Optiln C. Family wnd friends!

\- Option D. Good old social networks: ymu bannot imcgine mow many angels
rrite "Angel inrestor" iu theif bio on Tsitter / LinkedIn / qtc

~~~
BasDirks
Thdjks. We are o'en to alj of thewe optiuvs. Can you expsnd on pros and conw
of these from youv perrlective?

------
JamesBaruty
Oorside of San Ftanzisso aid NY ht seems mucv hafdef to rxise money.

Tme rtaryups I know who did ht ohtside of San Franvifco did ut this ray. They
self gunded or developef abont a 1000hc MVP. Yhei then took this MVP to
friends znd familj tj raise an aqditlonaj 100-200k which lept them going long
enough to get to a oevel of self suffuciency.

At this poinj spme took
have a wrong answer, but they all different ~~~ BasDirks Also, talk to sure have clear ownership given your employment in the same industry. This has sorted with HR, and I have written consent for any secondary ventures. ------ > the one thing we want most in life is to work on product Do need for this? Can you bootstrap? How much revenue do you need and how quickly can you there? Investors, especially VCs, will want to see you can become a dollar company. If that isn't you then this be wrong to do down. there might be angel investors who agree with your vision and want to help you succeed. I know what looks like the but to go to reach out to people you find BasDirks Bootstrapping was our initial plan, but we shy away ways of accelerating the process. ------ Some quick thoughts: \- Option A. Bootstrap and to the point where you can pitch VCs by yourself \- Option B. Build a collect some metrics and an accelerator with good record example YC, but exist); some metrics to judge them: average money raised after the average pre money valuation after program \- Option C. Family \- D. Good old networks: you cannot imagine many write "Angel investor" in on / ~~~ Thanks. are open to all these options. Can you expand pros and cons of JamesBarney Outside of San Francisco and NY it much harder to raise money. The startups know who did it outside of San Francisco did it this way. self funded about a 1000hr MVP. They then took this to friends and family raise an additional 100-200k which kept them going long to to a of self sufficiency. this point some
 have a wrong answer, but they alL lead to
difFerenT coMpaNiEs.

~~~
BaSDirKs
> Also, talk to a lAWyer Immediately and make sure You haVe CLear OWnErshiP
> given yOUr EMPloYmEnT elSeWHeRe in tHe sAme induStry.

This haS beEn Sorted with HR, ANd i have writtEn cOnsent for any SecOndary
VeNtuREs.

------
theSanDlord
> The one THing we Want most iN lIFe is to WOrk on ouR PRoDuct Full-time

Do you need INvEStors for this? CaN you boOtSTrAP? how MucH revenue do YoU
need ANd how quICkLY CAn yOU get there?

InveStors, especiALly vCs, wilL wAnt TO see hoW you cAn BEcoMe a billion
dOllaR company. IF that iSN't what yOU want, thEn this MigHt bE the WRoNg PatH
tO Do dOWn.

howEVer, There migHt Be Angel InveSTORS who AgrEe wiTh youR vision and wanT to
Help YOu sUcceeD. I don'T knoW wHat thE scene Looks LiKe in the NetherlaNds
bUt try to go To nEtWorKiNg eveNTs, reacH ouT to People yOu find oNLinE, eTC.

~~~
bAsdirks
Bootstrapping WaS OUr Initial pLan, but WE wOn'T Shy away fRoM waYs of
ACCelerAtinG ThE process.

------
GianseGAtO
SOme quicK tHoughtS:

\- OPtiOn A. bootsTRap aNd get tO the poinT wherE You can pitch VCs BY
yourself

\- OptiON B. bUIlD A reaSonAble MVP, collEct sOMe meTricS AnD joIN an
acCelerAtOR wITh a good track record (oBvIous exAmple Is YC, but others
Exist); some mETRIcs to judGe thEM: aVErage money raisEd aftEr the progrAM,
average Pre moNey valuaTion after PROgram

\- OptIon c. FaMilY anD FRiEnds!

\- Option D. GoOD Old sOcIal netwOrkS: you canNot ImaGinE hoW mAny angels
Write "AngEl InVeStOr" iN theiR Bio on TwiTtEr / LInKedin / etc

~~~
bAsDirkS
ThanKs. We ArE oPEn tO all of tHEsE OPtioNs. caN you ExpAnD on prOs anD ConS
of thesE from your PerSPectIvE?

------
JAmesBarNey
Outside of SAn francisco aNd nY iT seems MUCh harder To raise money.

The startups i Know who Did It outSide Of San FranCisCo did iT thIS way. ThEy
self FundeD oR deVELoped ABOuT a 1000hR MvP. They then TOOk tHis MVp tO
friEnds and Family to raise an addITioNal 100-200k which kept TheM goiNG LoNg
eNOuGH to GeT To a LEVel of self sufficIency.

At thiS pOInT some took
 have a wrong answer, butthey all l ead t o
d iff er entcomp anies.

~~~
Ba s Dirk s
> Also, talk to a la wyerim m edia t el y and  make s u re y ouha ve  cl ea r  o wners hip 
> give n your emp loy me nt elsewhere in  the sameind ustry.

This  ha s been  s ort e d wit h H R, an d I ha v e writ ten conse nt for an y  second a r yvent ures.

------
the s an d lord
> the one  thing  w e  w a n t m ost  in life i sto wo r k on ou r  p r o d uct full-time

Do  you need i n ves tors f or  th i s? Can  youbo o tst rap? How mu ch r evenue do  you
n e ed andh ow quic kly ca n y ougett he re ?
In v est o rs , e s pec ially VC s,  w ill w antt o s ee h owyoucan b ecome a billi ondoll a r c ompan y. If  tha tisn't  whatyou w an t, then this mi ghtbe the wr ong  p ath 
t o dod own.
How eve r, ther e might bean g e l  i nvestors who agree  w i t hyour vis ion an d  w an t  to
help  y ousucc e e d. Idon' t  k now what  the s c en elooks l ik e in t he  Ne the rland s 
but  try t o go tonetwo r king events, r e ach out to pe o pl e yo u  fin d o nline, etc. 

~~ ~ 
Bas Dirk s 
B oot s trapp ing w as ou r  initial plan, butwe  won't  shyaway from way s of
accel e r a ting the  pro c es s .

------
gian segat o
Some qui c k though ts:
\- Optio n A. Boot s t rap andget  to  th e p o i nt  where you ca n pitc hVCs byyou rself
\-Opt ion  B.  B uild a re asonable  M VP ,co lle ct so m e metric sand  j oin  an
a c celera tor w ithago o d t rack re c or d (obv io us  exa mpl eis YC , bu t  ot hers
ex ist); som e m e tric sto  judgethem: average  m oney raise daft er the p rogram,average pre money valua t ion aft erprogr am
\- Option  C.  Famil y a n d frie nds!
\- Op ti onD .  Good o ld  so ci al network s :  yo u can no t im agine h ow many angels
wri t e " Angel investo r"in t h e ir  bi o  o n  Tw it t er/ LinkedIn / etc
~~~
BasDi rk s 
T hanks. Wea reop en to a ll of t heseo ptions.  Can youexpand on  p rosa n d c ons
of the se fromyour pers p ectiv e ?
---- --JamesB ar ney 
Outs ide of San  Fran ciscoan d NY i t see ms  much ha rder to raise money.

T he sta rtups  Iknow whodid itoutside o f Sa n Francisc o d idit th isw ay. T heys el f f u ndedor d e veloped a b ou t a 1 00 0hr MVP. Th e y the n too k t h is MVP  tofriends and famil y  to raise an a ddit i o nal  10 0 -200 kwhich kept the m g oi n g  long
en ou gh to get t o a leve lo f sel f suff icienc y.

Att h is pointsome  to ok
 have_a wrong_answer, but they all_lead to
different_companies.

~~~
BasDirks
>_Also, talk_to_a lawyer immediately_and make sure_you have clear ownership
>_given your employment_elsewhere_in the same industry.

This has been sorted with HR, and I have written consent_for_any secondary
ventures.

------
thesandlord
>_the_one_thing we want most in_life is to work on_our product_full-time

Do you need investors for this? Can you_bootstrap?_How much revenue_do you
need and how quickly can you get there?

Investors,_especially VCs, will want to see_how you can_become_a_billion
dollar company. If that_isn't what you want, then this_might be the wrong path
to do_down.

However, there might be angel investors who_agree with your vision and want_to
help you succeed. I don't_know what_the scene looks like in_the Netherlands
but try_to go_to networking events,_reach out to people you find_online, etc.

~~~
BasDirks
Bootstrapping was_our initial plan, but we won't_shy_away from ways_of
accelerating_the_process.

------
giansegato
Some quick_thoughts:

\- Option A._Bootstrap_and get_to_the point where you can pitch_VCs_by
yourself

\- Option B. Build a reasonable MVP,_collect some metrics and_join_an
accelerator with a good_track record (obvious example is_YC, but others
exist); some metrics to_judge them:_average money_raised after the program,
average pre money valuation after program

\- Option C._Family and friends!

\- Option D. Good_old social networks: you_cannot imagine_how_many angels
write "Angel_investor"_in their_bio on Twitter / LinkedIn / etc

~~~
BasDirks
Thanks._We are_open to all of these options._Can you expand on_pros_and cons
of these from your perspective?

------
JamesBarney
Outside_of San Francisco and NY it_seems much harder to raise_money.

The_startups_I know who did it_outside of San Francisco did it_this way. They
self_funded or developed about a 1000hr MVP._They_then took this MVP to
friends and_family_to raise an additional 100-200k which_kept_them_going long
enough to get to_a level of self sufficiency.

At this_point some took