Remove 2007 Remove Cofounder Remove Product Remove Seed Money
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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Not FU money, but “feed the family&# money. I raised $500k in seed money to start the company.

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The Future of Web Startups

www.paulgraham.com

October 2007 (This essay is derived from a keynote at FOWA in October 2007.) In the last batch of startups we funded, we had several founders who said theyd thought of applying before, but werent sure and got jobs instead. In essense, let the market design the product. Theres something interesting happening right now.

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