How to Fund a Startup
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. Startups valuations aresupposed to rise over time. Some angel investors join together in syndicates.
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