Ask HN: Have funds, want to create a startup
You don&#x27;t need an idea or engineers. Look up &quot;premature scaling&quot; -- the most common reason for startup failure. It basically means scaling up for anticipated sales rather than letting sales drive your scaling. Hiring engineers when you have no product (and not even an idea) is an example of that. You currently need zero engineers.<p>What you do need are some customers. These are people ideally with money who have pain points that can be solved with engineering, and those people are willing to pay a profitable price for that solution.<p>Ideas have absolutely no value. If you don&#x27;t have an unfair advantage when accessing a market (like having worked in a certain industry, having family contacts that will buy your product, etc.) then you shouldn&#x27;t enter it.<p>You should also assume that any money you put into bootstrapping is being burned in a furnace, because more than 99% of startups fail. This money should be completely disposable, not your retirement fund or anything you need.