Finance Open Source Semantic Social Network 
www.readwriteweb.com
OCTOBER 7, 2007
Or the founders have taken on a small amount of seed financing, just enough to get them into the market. If our aim was to raise financing and employ these people directly, we’d have burnt through $5-7 million before launch. You dont /have/ to build vendor lists and out-source. Either way, bootstrapping is a viable model.
news.ycombinator.com
SEPTEMBER 16, 2011
His quote on the subject, "no amount of finance will cure mismanagement". For three years I worked at Bug Labs (open source hardware company). We not only told everyone what we did, we posted the source code and the blueprints online. social network/web analysis/etc. Nobody ever stole our ideas.
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