2005 Operations Seattle Seed Money 
Startup Professionals Musings
MARCH 17, 2010
There is a growing fellowship of special-case start-up programs operated by closely-knit, permanent groups of angel-mentors. Paul Graham built the mold at Y Combinator , which he founded back in 2005. What’s special about these operations? They bring powerful relationships to the table as a requirement of engagement.
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.
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