Demand Hiring Reputation Seed Money 
Both Sides of the Table
APRIL 3, 2010
Chris Dixon provided some commentary on Twitter that he believes I missed “the most important point about fund size.&# He’s specifically referring to his point of view that entrepreneurs shouldn’t take seed money from “big VC’s&# (he defines them as > $100 million). Great reputation.
www.paulgraham.com
APRIL 28, 2010
A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. It wasnt because they werent accredited investors that I didntask my parents for seed money, though.
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.
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