www.paulgraham.com
OCTOBER 23, 2010
Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. Usually you get seed money from individual rich people called"angels." the seed stage, investors dont expect you to have an elaboratebusiness plan. A rich companyis one with large revenues.
www.paulgraham.com
APRIL 28, 2010
It wasnt because they werent accredited investors that I didntask my parents for seed money, though. When we were starting Viaweb,I didnt know about the concept of an accredited investor, anddidnt stop to think about the value of investors connections.The reason I didnt take money from my parents was that I didntwant them to lose it.
techcrunch.com
OCTOBER 23, 2010
Anti Matter Dude you are so on the money. Thus had to spend hard cash building a half way completed demo outsourced to India. For both companies, the initial traction enabled raising seed money to get them to a traditional VC investment.) Now, I know that I need to build all the demo of my product A.L.O.N.E.
Expert insights. Personalized for you.
105 
Let's personalize your content