2005 Employee Revenue Seed Money 
Both Sides of the Table
SEPTEMBER 2, 2009
He’s been at it since 2005. We should end the year with a few million in fully recurring revenue and we’re projected to double next year. But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. I founded it in 2005 at the age of 37. I believe this is wrong.
www.paulgraham.com
OCTOBER 23, 2010
March 2005 (This essay is derived from a talk at the Harvard ComputerSociety.) 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. Usually you get seed money from individual rich people called"angels."
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www.paulgraham.com
APRIL 28, 2010
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.
techcrunch.com
OCTOBER 23, 2010
Also, for the full time coder, you may violate your employee contract especially in the area of non-competes or just plain piss off your boss when he finds out how much time you have been putting into a side project when deadlines were looming. Hopefully your idea of business model isn’t “ad revenue based”.
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