Design Government Pre-Money Valuation Seed Stage 
www.paulgraham.com
APRIL 28, 2010
At one extreme is the sort of pork-barrel project wherea town gets money from the state government to renovate a vacantbuilding as a "high-tech incubator," as if it were merely lack ofthe right sort of office space that had till now prevented the townfrom becoming a startup hub. This stops with VC-scale money.
www.paulgraham.com
OCTOBER 23, 2010
Some believe only businesspeople can do this-- that hackers can implement software, but not design it. 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." Thats nonsense.
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