Hacker News new | past | comments | ask | show | jobs | submit login
Becoming formidable (42floors.com)
10 points by bentoner on Dec 5, 2014 | hide | past | web | favorite | 1 comment

This is a very good read - being a startup CEO who's raised a seed round after a number of delays, a lot of the points raised ring very true.

It is amazing the difference a term sheet / money in the bank makes - obvious with hindsight, but difficult to see when you're wrapped up in pitches and negotiations.

Edit: And just to reiterate a point from the article - traction makes you seem formidable like nothing else (until you have a term sheet / money)

Applications are open for YC Winter 2020

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact