article thumbnail

Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money. When Larry and Sergey first began BackRub (which would eventually become Google), they didn’t run to a venture capital firm or angel investor.

article thumbnail

How to Start a Startup

www.paulgraham.com

Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. Usually you get seed money from individual rich people called"angels." the seed stage, investors dont expect you to have an elaboratebusiness plan. This is calledseed capital.

Startup 105