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Comment by 1123581321

10 months ago

If your core skill is software management and sales, you should raise slightly more money with a less boring company (maybe make it secretly boring with a nice brand.) You asked about finding angels: it is just as easy, and perhaps easier, to find ones that will invest more in a more ambitious company.

If your core skill is coding, the extra money to hire will just slow you down. If you have the drive to work full-time, figure out how to quit your job so you can build this by yourself plus a little freelance help. The easiest way would be to move to a low CoL area and live off your savings or agree your spouse will support you while you build.

Otherwise, I think you would be very likely to waste the $400-500k you'd spend on salaries and overhead and would end up a solo entrepreneur anyway, and dealing with tech debt and an unsustainable number of customers to support.