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Harsh Realities From 500 Startups Founders

5 点作者 rdamico超过 14 年前

2 条评论

cperciva超过 14 年前
I blinked when I got to this remark: "<i>...my prior seven figure personal net worth had been reduced to $30,000, which I had stocked away</i> in cash <i>in a safety deposit box.</i>"<p>To me the idea of having $3k in cash is unthinkable (retail businesses and other circumstances where there is an <i>operational</i> need for cash excepted, of course), never mind $30k in cash. It brings to mind drug dealers and money laundering.<p>Is having such large amounts of cash more commonplace in the US, or were other readers similarly startled?
DanielRibeiro超过 14 年前
This one really made me think:<p>You Can’t Do It All Yourself<p><i>After getting rejected by Y Combinator in 2008, my soon-to-be co-founders couldn’t take on the risk. I decided to do it myself, and ran out of steam (and moral support) after about 12 months and decided to fold.</i> (Sid Viswanathan, CardMunch)