Customer Hiring Seed Money Software Review 
Both Sides of the Table
DECEMBER 27, 2011
If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
YoungUpstarts
OCTOBER 28, 2015
Startups need to understand how to manage the seed money they receive from investors and VCs. Debt also has a due date and interest rate to negotiate. A startup may need to hire a lawyer to understand what the best strategy is given its particular technology space and to guard against being seen as an easy mark.
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. Custom work doesnt scale.
techcrunch.com
OCTOBER 23, 2010
Inevitably, the excuses begin: I need to hire people to build the product. I need money for the servers. No raising money. 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.
www.paulgraham.com
AUGUST 1, 2008
We could hire employees, but we want to be forced to figure out how to scale investing. We think of the techniques were developing for dealing with large numbers of startups as like software. Sometimes it literally is software, like. It will probably involve writing some software, but fortunately we can do that.
pandodaily.com
NOVEMBER 29, 2012
We know this: As many as a thousand companies who’ve received seed rounds won’t be around in a year — maybe six months. There simply won’t be soft-landings and acqui-hires for all of them. The number of seed and angel investors has exploded in recent years, buoyed up by a number of factors.
Expert insights. Personalized for you.
418 
Let's personalize your content