On: Ask YC: How do you (or how did you), a start-up, get your first lump sum of cash?

[ivankirigin]

I don't think they think it's enough, but it isn't really about the money. You get in the right mindset when you start asking yourself, "well, how little can I live on?"

That is the right question to ask. People will made due -- not all the money needs to come from YC. Personal savings, credit cards, friends & family (both money and spare bedrooms), etc. make up the difference.

[mrtron → ivankirigin]

Spare bedroom can save a tremendous amount of money for you, and it isn't much of a sacrifice if you are a good guest.

An underrated startup technique :)

[eru → ivankirigin]

No sane German would ever dream about living on credit cards. But perhaps that's just because nobody uses credit cards here anyway.

[eru → eru]

I guess the equivalent is to overdraw your checking account. The interest you have to pay for that matches credit cards.