Both Sides of the Table
MARCH 25, 2016
It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money.
Both Sides of the Table
DECEMBER 27, 2011
When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?” Fast early growth in a market is often eroded when competition gets fierce and prices are forced down due to competition. They both raised angel / seed money of $1.5
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www.paulgraham.com
APRIL 28, 2010
I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. It wasnt because they werent accredited investors that I didntask my parents for seed money, though. Its thesame with acquisitions.
www.paulgraham.com
AUGUST 1, 2008
We think of the techniques were developing for dealing with large numbers of startups as like software. Sometimes it literally is software, like. New Attitude to Acquisition Another thing I see starting to get standardized is acquisitions. One problem theyve solved is how to think about acquisitions.
techcrunch.com
OCTOBER 23, 2010
or just present your crappy, first-run code to investors then pay someone to re-write the entire thing. The contract work burn out is totally where I’m coming from… chip WAAIIITTT… wasn’t the coding of the first version of Digg outsourced to some guy on Elance? What did you do again? Who knows.
pandodaily.com
NOVEMBER 29, 2012
“I wouldn’t expect anyone except seed investors to complain about it,” Graham says. “Founders don’t think their problems are due to trends. If you are raising a seed round now, there are a few things you can do to protect yourself. The Week in Review. ” Put another way: Maples is right.
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