Ask HN: Is it a good time to bootstrap?

2 points by farewell 11y ago ↗ HN

I am planning to quit my job and bootstrap my startup idea. Unfortunetly i can not do things while employed. I can effort 6-8 months of run way, paying for incorporation and launching v1.0. I feel like it will rain but can not read the forecast and dressed like in summer with no umbrella. I know nobody can know exactly but looking forward to your advice(s).

5 comments

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mmoll1 11y ago ↗

Do it! Good luck. http://www.sethgodin.com/sg/docs/bootstrap.pdf

farewell 11y ago ↗

My gut is also saying "Do it!" but don't want to do a stupid move. Could you please tell me more about your thoughts about market, VC funds and etc.

notagoodtime 11y ago ↗

No, it is not a good time. It will be a huge mistake. There will be not much VC money after 6-12 months and you will most likely end up in a time frame where big companies start laying off people. Good luck! Please read more on HN about stress and boom related posts.

farewell 11y ago ↗

Do you have more information about your VC case? Are you talkin about .com boom 2.0?

farewell 11y ago ↗

WTF, where those all helpful people!