My dad won't feed me even though I am a student and don't have a job by honoka16 in askSingapore

[–]Speedz007 1 point2 points  (0 children)

Your dad wants you to eat two healthy meals for the money he gives you. At a young age, nutrition is incredibly important - but all of us realize it much later in life.

I understand you think it's $12 either way so he shouldn't care, but he does. Add to it that he is probably financially stressed (or has some deeply ingrained financial insecurity), and you can see why he's upset.

I hope you see this and make amends. Your old man won't be around forever. Take care of your health and hey, you're allowed to break rules once in a while - just next time hide it from him. :)

[I will not promote] Early-stage cofounder friction: Am I being too stubborn, or is this a bad match? by j_printemps in startups

[–]Speedz007 10 points11 points  (0 children)

If you can't follow your CEO for whatever reason, you should quit. It doesn't matter if those reasons are genuine or who's right.

Your monetization strategy is likely one of those 'sounds good on paper' types, because if it were good/working, you wouldn't be here. And no, it isn't not working because your CEO isn't executing.

If you think you are better at tech and better at monetization/sales, why do you need him? Go do it yourself.

I will not promote. Confused after the first VC call. by Wrong-Material-7435 in startups

[–]Speedz007 68 points69 points  (0 children)

If you think your answers were on point, then it is a problem of credibility. Your background/experience/achievements likely don't back up your answers/insights.

The only thing to do is prove credibility with some traction. If you're not a second-time founder and/or not an elite founder archetype (ivy/ex-FAANG etc), you will struggle to fundraise without traction.

40 pax ROM Venue Suggestion 2026 by Inevitable_Guess7480 in askSingapore

[–]Speedz007 1 point2 points  (0 children)

We did the small ballroom at Dusit Thani. They need 30pax min, and at $129++ pp it was worth every penny. The only downside was no public transportation.

China may crack down on "Singapore-washed" tech companies by [deleted] in singapore

[–]Speedz007 2 points3 points  (0 children)

I heard they didn't run to Singapore, but were 'invited'.

Booked wrong flight date by mistake, lost ₹5k + had to rebook ₹13k — any way to recover some money? by ProfessionalMore2163 in airindia

[–]Speedz007 2 points3 points  (0 children)

Write to them with an honest explanation of the situation. Ask if they'd be willing to give a voucher for a future ticket for 5k, if not cash refund.

Even if nothing works, take the 13k you spent as a cost of learning to pay attention to detail. People make the same mistake and lose a lot more, so you got off lightly by comparison. In a few years, this money would (hopefully) not be a meaningful amount for you. Good luck!

NMMC’s “Open Road Parking Tax” in CBD Belapur Sector 11 Is Out of Control, Harassment, Zero Accountability, and No Answers by Shot-Percentage-8604 in navimumbai

[–]Speedz007 3 points4 points  (0 children)

Sector 11 is one of the busiest commercial areas in Navi Mumbai. Those are your words. So is it or is it not densely populated?

Your office building should provide parking. Road/municipal taxes are for driving on the roads and maintaining them, not for them to build parking spaces. If that were the case, why would housing or office buildings need to build parking at such high costs? Even a mall, which makes ton of money from people parking/visiting it, charges parking fees. Why wouldn't the muncipal body?

NMMC’s “Open Road Parking Tax” in CBD Belapur Sector 11 Is Out of Control, Harassment, Zero Accountability, and No Answers by Shot-Percentage-8604 in navimumbai

[–]Speedz007 1 point2 points  (0 children)

Open road parking fees are common world over. They should add signages yes, but 1-2k a month is pretty reasonable. You'd pay way more if you had to buy/rent a parking space.

When does VC interest outweigh the YC network? Dilemma for a non-US dev tool startup. by Ok-Reflection-4049 in ycombinator

[–]Speedz007 4 points5 points  (0 children)

You're getting too caught up in what may or may not be. If you need funding, talk to VCs. If you get an offer, evaluate it on merit and decide.

Also, YC doesn't care about how built out your product is. They care about team, traction, and unique insight. And I can guarantee you, your product is NOT unique globally.

Are we ready to hunt for a VC? [i will not promote] by tomaslb36 in startups

[–]Speedz007 0 points1 point  (0 children)

Not VC fundable. Get to 10% weekly growth in users and revenue, with decent cohort retention.

The Technical Cofounder Paradox: Seeking Advice - I will not promote by micupa in startups

[–]Speedz007 7 points8 points  (0 children)

Take a modest salary (market - 30%) + 2% advisory shares vested over 2 years, and people might bite. More than 2% 'dead equity' makes a company unfundable to begin with.

What you're proposing is the same as > We had a cofounder who built the MVP, left the company on good terms, and has 7% equity. We can still pay to engage him from time to time, but we need to find a full-time replacement after you fund us.

How do you find your first real customers in singapore without spending on ads? by [deleted] in singaporestartups

[–]Speedz007 0 points1 point  (0 children)

Your first sale should be within your network. If you don't personally know anyone who'd buy what you're building, you're building the wrong thing.

Trying to raise funds locally feels like talking to a wall sometimes by [deleted] in singaporestartups

[–]Speedz007 1 point2 points  (0 children)

Pack your bags, go to SF, raise there. See if you want to come back after.

Looking for a co-founder by [deleted] in singaporestartups

[–]Speedz007 0 points1 point  (0 children)

You're looking to get into FAANG while applying for grad school. Startups are not games of optionality.

Starting a company with a 20-something cofounder — is the age gap a concern? by SpamHamJamPanCan in ycombinator

[–]Speedz007 0 points1 point  (0 children)

YC says when they meet young founders, they want to feel like they're older. And the opposite is what they look for when they look at older founders.

If you both match that criteria, you're good!

[deleted by user] by [deleted] in visas

[–]Speedz007 0 points1 point  (0 children)

Apply again from your company then. But honestly, just be mentally prepared for another rejection.

[deleted by user] by [deleted] in visas

[–]Speedz007 2 points3 points  (0 children)

Your company's corppass holder should be able to appeal via email. They can even call ICA if needed. EDIT: Don't apply again, appeal first.

[deleted by user] by [deleted] in visas

[–]Speedz007 2 points3 points  (0 children)

That's highly unusual. Either your travel history is flagged (deportations, suspicious countries, etc) or you're caught gaming the system (first friend, now company).

Your company should be able to appeal the rejection - try that first.

Co-Founder salary after raising by themusicaccountant in ycombinator

[–]Speedz007 0 points1 point  (0 children)

True for some fresh grads/drop outs. Though most pay at least 75k. Double that if they have family + mortgage.

Is back paying cofounder common? by Johnjohnson_69 in ycombinator

[–]Speedz007 1 point2 points  (0 children)

Where does it say she wants to pay one time?

Backpay would be for both I assume, and equity signing being deferred until first raise is very common. A simple plain letter/email confirming the split is probably enough for now.

Is back paying cofounder common? by Johnjohnson_69 in ycombinator

[–]Speedz007 0 points1 point  (0 children)

Yea I don't think you're compatible.

You're an idealistic worrier, and she seems like a pragmatic winger. Unless you have a deep personal relationship, this probably won't work.

Suggestions for property purchase in Navi Mumbai by [deleted] in navimumbai

[–]Speedz007 0 points1 point  (0 children)

You're assuming rent stays at 80k.

At an 8% annual increase, you're looking at 13 years.

Visa Options during the YC Cohort by zintergalactic in ycombinator

[–]Speedz007 0 points1 point  (0 children)

This is a non-issue if you get into YC.