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How to Fund a Startup

www.paulgraham.com

To be a startupyou need to be the band that sells a million copies of a song, notthe band that makes money by playing at individual weddings and barmitzvahs. Most startups operate close to themargin of failure, and the distraction of having to deal with clientscould be enough to put you over the edge. So theyre going to raise $200,000.