Remove Burn Rate Remove Mississippi Remove Revenue Remove Syndication
article thumbnail

How to Fund a Startup

www.paulgraham.com

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.