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Ask HN: What startup running without VC funding?

2 pointsby jiten_bansalover 9 years ago
Is it possible to run a startup successfully without Investor/funding. Is there any live example.

2 comments

nostrademonsover 9 years ago
Plenty: Microsoft from 1976-1986, Craigslist from 1995-2004, Oracle from 1978-1984, GitHub from 2007-2012, Atlassian from 2002-2011, probably others. It&#x27;s pretty common to take external funding sometime before an exit, though, if only because it simplifies finding the exit. (And if the exit is an IPO, you&#x27;re taking on investors <i>as the exit</i> anyway.)
michaeloblakover 9 years ago
Of course it&#x27;s possible. As a co-founder in a startup with a VC funding, now, I&#x27;m realizing that doing it without VC funding can be even better idea. It only depends what you want to do.<p>If you want to make some IoT, where you have to buy some hardware, or something that is not only software, you&#x27;ll probably need some money (like Uber). Levelsio once twitted this - <a href="https:&#x2F;&#x2F;twitter.com&#x2F;levelsio&#x2F;status&#x2F;633405876225896448" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;levelsio&#x2F;status&#x2F;633405876225896448</a>. I completely agree with that.<p>Start without funding, write something small, with one feature and check if people like it. Iterate quickly, get product&#x2F;market fit. If it&#x27;s good and somebody will use it, VC will find you.