Scalable Startup
AUGUST 9, 2018
High growth startup companies need seed money to get things going. They need the money to rent offices, hire staff, and establish their initial presence (website, incorporation, marketing). At this stage you’re essentially selling yourself and your cofounders. Without funding most tech startups will die.
The Equity Kicker
AUGUST 20, 2014
With no team and no technical expertise Matt was planning to find a team and build out some product before starting to raise some seed money. The timing often depends on previous experience, key hires and the growth of the business. FINDING A COFOUNDER. Our unique model allowed him to get started straight away.
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techcrunch.com
OCTOBER 23, 2010
Inevitably, the excuses begin: I need to hire people to build the product. I need money for the servers. Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better.
www.paulgraham.com
AUGUST 1, 2008
We could hire employees, but we want to be forced to figure out how to scale investing. As the volume of startups increases, big companies will start to develop standardized procedures that make acquisitions little more work than hiring someone. At Y Combinator we still only have four people, so we try to standardize everything.
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