Remove 2005 Remove Cost Remove Seed Money Remove Software Review
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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money.

Startup 150
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How to Fund a Startup

www.paulgraham.com

November 2005 Venture funding works like gears. A typical startup goes throughseveral rounds of funding, and at each round you want to take justenough money to reach the speed where you can shift into the nextgear. It wasnt because they werent accredited investors that I didntask my parents for seed money, though.

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From Nothing To Something. How To Get There.

techcrunch.com

or just present your crappy, first-run code to investors then pay someone to re-write the entire thing. The contract work burn out is totally where I’m coming from… chip WAAIIITTT… wasn’t the coding of the first version of Digg outsourced to some guy on Elance? What did you do again? Who knows.