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Mentors-Plus-Capital Programs – Intense Incubation

Startup Professionals Musings

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. They have processed well over a hundred client start-ups so far and have an impressive list of successes.

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How to Start a Startup

www.paulgraham.com

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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From Nothing To Something. How To Get There.

techcrunch.com

bfliris So it sounds like with Meebo (your claim to fame) you were passionate about the idea but had no programming skill, partnered with two people that had strong programming ability and did very little to assist them in creating a succesful application. I have had a programming job and tried to do side projects after work/ weekends.

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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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Top Startup Advisor Paul Graham Just Warned Against Taking Google's Money

www.businessinsider.com

Google Ventures has made more than 100 seed investments, Maris said, including some past and present Y Combinator companies, and is making one to two new ones a week. Parse, one of the most-anticipated startups in Silicon Valley these days , went through Y Combinator last year and raised seed money from Google Ventures , for example.