How to Fund a Startup
www.paulgraham.com
APRIL 28, 2010
There never has to be atime when you have no revenues. Some angel investors join together in syndicates. When you have a high "burn rate," youre alwaysunder time pressure, which means (a) you dont have time for yourideas to evolve, and (b) youre often forced to take deals you dontlike. So theyre going to raise $200,000.
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