article thumbnail

Figuring Out FourSquare

Seeing Both Sides

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
article thumbnail

How to Start a Startup

www.paulgraham.com

Its not what people learn in classes at MIT and Stanford that has made technology companiesspring up around them. In a technology startup, which most startups are, the foundersshould include technical people. The rulers of the technologybusiness tend to come from technology, not business. Its the same with technology.

Startup 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Web Startups

www.paulgraham.com

Startups are undergoing the same transformation that technology does when it becomes cheaper. Its a pattern we see over and over in technology. Standardization When technology makes something dramatically cheaper, standardization always follows. Google is the leader here, as in so many areas of technology.

Web 54
article thumbnail

Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

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.