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). We took the $500k.
Both Sides of the Table
OCTOBER 17, 2009
A few years ago it became fashionable for large VC’s to do seed funding. With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. I think they definitely qualify as a VC and not a seed fund.
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www.reincubate.com
FEBRUARY 1, 2010
These are Java (from Sun),NET (from Microsoft), and three Open Source options: PHP, Python and Ruby. Its a powerful object oriented language, and is effectively Open Source. Java can be used in both Microsoft or Open Source environments. PHP is a widely-used Open Source web scripting language.
www.paulgraham.com
OCTOBER 23, 2010
But this is just the kindthat tends to be open source: operating systems, programminglanguages, editors, and so on. So if youre developing technologyfor money, youre probably not going to be developing it for peoplelike you. Usually you get seed money from individual rich people called"angels."
techcrunch.com
OCTOBER 23, 2010
One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. For both companies, the initial traction enabled raising seed money to get them to a traditional VC investment.) Then, forget everything else, VCs included, and just build.
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