Then again, I think you could consider applying to YC. Even though your revenue > expenses. Don't think of YC as an incubator or a funding machine (or whatever you'd like to call it). They offer a lot more. I think it's more like a ticket to a community of entrepeneurs and investors, based in Silicon Valley.
And yes, the $150k is a nice addition, but would you pick this convertible debt over the weekly dinners, office hours, alumni help you might get and most of all connections with possible investors? I wouldn't :)
Now I think about it: the YC FAQ also mentions this money-related question.
And yes, the $150k is a nice addition, but would you pick this convertible debt over the weekly dinners, office hours, alumni help you might get and most of all connections with possible investors? I wouldn't :)
Now I think about it: the YC FAQ also mentions this money-related question.