I had the great pleasure of meeting up with Paul and Eric at a Data Science Meetup in SF. Both of them were very smart and driven in their passion. Eric explained to me in great length why and how they were doing -- Bayesimpact.
"""For the first two months in the bay, I slept on a tiny bed, lived off of scrambled eggs and ramen, and worked out of downtown Berkeley in an effort to keep my burn rate low. """
As someone who is married and the sole provider, this sounds (1) enviable and (2) completely undoable without a total life disruption.
Well, I would add something to the conclusion: "For the would-be founders out there waiting for the right time to leave their jobs and build their dream startup, don’t wait." Don't wait, and don't leave your jobs.
They didn't until they have secured funding and it worked out for them.
Well, just to clarify, I had quit my job well before getting into YC, and it was really helpful to have at least one person be full-time and pushing ahead during the day.
It's true that Paul and Eric didn't quit their jobs until YC, but at the rate we were going, they likely wouldn't have kept them for long given how much time they were spending on Bayes Impact.
My conclusion is just as it is: don't wait. Get started however you can. If you need to stay at your job, start now. If you can leave and devote your full attention, even better - start now.
All the best... Was super excited to read the news about watsi, and Y decided to accept for the program. Happy to see that more and more nonprofits to join the program.
Wish you guyz all the success