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

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

AUGUST 1, 2008

Startups are undergoing the same transformation that technology does when it becomes cheaper. Its a pattern we see over and over in technology. 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. Now the only threshold is courage.

Web 54

Web Startup Silicon Valley Technical Review 54

crowdSPRING Blog

FEBRUARY 16, 2016

For every example of a successful company that proves a myth wrong, there will always be one that will prove it right, especially in today’s world of rapidly expanding technology and connectivity. Myth #2: You need a lot of money to start. It was only in 1998 when Andy Bechtolsheim invested $100,000 in Google, Inc.

Washington 48

Washington Incubator Cofounder Angel Investor 48