article thumbnail

Entrepreneurs: The Funding Landscape Has Changed.

Berkonomics

There are a host of companies that can be accessed through web-search engines that can provide both secured and unsecured financing. Factoring companies can help you with working capital needs when your business grows quickly by filling the money “gap” created between new billings and actual collections.

article thumbnail

How to Start a Startup

www.paulgraham.com

You make elaborate plans for a product, hire a team of engineers to develop it (people who do this tend to use the term "engineer" for hackers), and then find after a year that youve spent two milliondollars to develop something no one wants. Usually you get seed money from individual rich people called"angels."

Startup 105
article thumbnail

How to Fund a Startup

www.paulgraham.com

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.