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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. I want our associate to have empathy for the customers we serve — our portfolio companies. Servers, databases, bandwidth – they’re all virtual now. Not my problem.

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A Year in Review: 2016

Version One Ventures

At the same time, seed money is still abundant due to the proliferation of micro VC over the past few years. Every 10-15 years, a major cycle reshapes the computing landscape: PC (1981), Internet (1994), Mobile (2007). They make their products cheaper and easier to use in order to appeal to more customers.

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

I raised $500k in seed money to start the company. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers. I had just moved back to the US from living in Europe for 11 years. When we moved to Palo Alto we rented a place.

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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.) Series A rounds, where you raise a million dollars or more, will be custom deals for the forseeable future. Theres something interesting happening right now. Startups are undergoing the same transformation that technology does when it becomes cheaper.

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