It's a valid point. I think that certain types of ideas do require capital to start. Uber, for example, probably needed a lot of capital to get their infrastructure going. If you have web-based startup with minimal expenses then investment capital may not be necessary until you are ready to make a big move.
Here on HN it is overly glorified to read "company gets 1.2 million investment." It puts things in perspective to think "company takes out 1.2 million dollar loan and now has 10 months to figure out how to stay in business." But that's the reality of going the venture capital route before your company has any income.
Here on HN it is overly glorified to read "company gets 1.2 million investment." It puts things in perspective to think "company takes out 1.2 million dollar loan and now has 10 months to figure out how to stay in business." But that's the reality of going the venture capital route before your company has any income.