article thumbnail

3 Reasons To Seek Only What You Need During The Funding Process

YoungUpstarts

By Paul Jackson, founder of Worthworm. Looking back to its origins you find it began with just $20,000 in seed money. Paul Jackson is an entrepreneur, angel investor, and aerospace engineer. For new or young entrepreneurs, understanding the realities of the startup world often comes as a shock.

article thumbnail

Splunk Founder Now Launches Entrepreneurs, Not Startups

ReadWriteStart

Founder.org founder Michael Baum. In Paris today at the World Founder Forum he announced the top 10 student team winners who split $1 million in seed money prizes. The goal is to significantly increase the number of student entrepreneurs by backing the brightest student founders and biggest ideas. Were you insane?

Founder 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Nothing To Something. How To Get There.

techcrunch.com

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. The best composition is probably one engineer whose passion lies in the pixels on the screen and another engineer whose passion is making bits fly really fast through servers. and Google.

article thumbnail

How to Start a Startup

www.paulgraham.com

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

Startup 105
article thumbnail

The Future of Web Startups

www.paulgraham.com

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. This is a problem for founders, because it makes raising money take longer and cost more in legal fees. Founders and investors have different attitudes to risk.

Web 54
article thumbnail

The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

“I wouldn’t expect anyone except seed investors to complain about it,” Graham says. “Founders don’t think their problems are due to trends. And in fact, overall trends are a second-order effect for founders.” Sarah Lacy is the founder and editor-in-chief of PandoDaily. Sarah Lacy.