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OCTOBER 23, 2010 [1998, Seed Money] How to Start a Startup
You need three things to create a successful startup: to start withgood people, to make something customers actually want, and to spendas little money as possible. The way a startup makes money is to offer people bettertechnology than they have now. Andyet theres a lot of money at stake. This money isnt revenue. Well, no.
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AUGUST 1, 2008 [1998, Seed Money] The Future of Web Startups
Plus in a startup you could make much more money. This is a problem for founders, because it makes raising money take longer and cost more in legal fees. The way to get really big returns is to do things that seem crazy, like starting a new search engine in 1998, or turning down a billion dollar acquisition offer. Well have to.
| | LAUNCHING TECH VENTURES
MARCH 2, 2011 [1998, Seed Money] Figuring Out foursquare
million in its series A financing and kept the burn rate at less than $100k per month to make he money last. Dennis wrote a great post at the time of the financing that showed just how product obsessed he was, even after taking the seed money. Raising money, scaling the team. Modest burn : the company only raised $1.35
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