www.paulgraham.com
OCTOBER 23, 2010
We alsothought wed be able to sign up a lot of catalog companies, becauseselling online was a natural extension of their existing business.But in 1996 that was a hard sell. Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. This is calledseed capital.
crowdSPRING Blog
FEBRUARY 16, 2016
The researchers found that in return, this ability caused entrepreneurs to disrupt common patterns in daily life, attracted more customers and created more revenue, causing a cycle of nuanced disruption and adaptation. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money.
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