Seeing Both Sides

MARCH 2, 2011

I had the pleasure of teaching a new case at HBS yesterday on foursquare that I co-authored with Professors Tom Eisenmann and Mikolaj Piskorski as part of Tom's new course "Launching Technology Ventures". million in its series A financing and kept the burn rate at less than $100k per month to make he money last.

API 44

API Valuation Lean Burn Rate 44

www.paulgraham.com

OCTOBER 23, 2010

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

Startup 105

Startup Cofounder Software Stock 105

www.paulgraham.com

AUGUST 1, 2008

In the last batch of startups we funded, we had several founders who said theyd thought of applying before, but werent sure and got jobs instead. We think of the techniques were developing for dealing with large numbers of startups as like software. Founders and investors have different attitudes to risk.

Web 54

Web Startup Silicon Valley Technical Review 54