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545 sats \ 4 replies \ @ek 20 Nov 2023 \ parent \ on: Stacker Saloon
is there a minimum?
No there's technically no minimum.
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Also, seems that founders tend to prefer dealing with a small number of people with deeper pockets, for future raises. Plus they seek “expertise” or connections in addition to just the big-bucks. Otherwise they would opt for crowdfunding.
Do wish we’d see more bootstrapped firms in the world.
Some of my favourite years were spent in a company with 5 employees competing with unprofitable behemoths with 100-1000x more staff.
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Something about that ‘underdog’ mentality that really focuses the mind and cuts out all the b/s and inefficiency. Particularly in software.
The work is often more varied & rewarding too.
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