Remove Cofounder Remove Seed Money Remove Silicon Valley Remove Technology
article thumbnail

Am I a Founder? The Adventure of a Lifetime. « Steve Blank

Steve Blank

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 219
article thumbnail

Timing: When to raise seed funding.

Scalable Startup

In their quest for sustainable growth, the elusive dream for most first time founders is that first funding. High growth startup companies need seed money to get things going. This can either come from the founder(s) own bank account or from outside investors. Your strategy is to create growth with little or no money.

Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Big Startup Myths That Hold Entrepreneurs Back From Success

crowdSPRING Blog

While it’s true that you sometimes need to spend money to make money, the amount of money you need to spend is where things get murkier. The highway of new ventures is littered with the remnants of businesses that started with tons of seed money but ran out with little to show for it. in the early days, Microsoft.

article thumbnail

Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Not FU money, but “feed the family&# money. I raised $500k in seed money to start the company.

Founder 329
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. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like.

article thumbnail

The Future of Web Startups

www.paulgraham.com

Startups are undergoing the same transformation that technology does when it becomes cheaper. Its a pattern we see over and over in technology. 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. Now the only threshold is courage.

Web 54
article thumbnail

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

pandodaily.com

Multiply that by literally a couple thousand, and that’s what 2013 is going to look like in Silicon Valley, and to a lesser degree some other startup ecosystems. ”The venture business in general is wildly undisciplined about throwing good money after bad,” he says. ” Put another way: Maples is right.