How to Fund a Startup
www.paulgraham.com
APRIL 28, 2010
Some angel investors join together in syndicates. For example, a seed firmshould be able to give advice about how to approach VCs, which VCsobviously dont need to do; whereas VCs should be able to giveadvice about how to hire an "executive team," which is not an issuein the seed stage. Startups valuations aresupposed to rise over time.
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