1998 Advertising Marketing Seed Money 
Seeing Both Sides
MARCH 2, 2011
Hunch-driven : they had deep domain knowledge and didn't need outside studies or market research to guide their prioritization. million in its series A financing and kept the burn rate at less than $100k per month to make he money last. Raising money, scaling the team. Advertising isn't cool."). The verdict?
www.paulgraham.com
OCTOBER 23, 2010
The market price is less than the inconvenience of signing an NDA. Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. The best odds are in niche markets. This is calledseed capital.
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