Berkonomics

MARCH 30, 2012

Crowd Funding: The Internet is at work here, especially for obtaining early stager seed money. An entrepreneur utilizes online communities to solicit pledges of small amounts of money from individuals who are typically not professional financiers.

Intellectual Property 76

Intellectual Property Entrepreneur Small Business Administration SBA 76

Austin Startup

APRIL 23, 2010

The amount of capital committed is described as “in the low millions,&# and the only reason it is that substantial is because the company acquired some intellectual property from other companies (including FiveRuns) to help accelerate the development of the product. But the financial markets have definitely raised the bar.

Intellectual Property 79

Intellectual Property Austin Early Stage Agile 79

www.paulgraham.com

OCTOBER 23, 2010

The market price is less than the inconvenience of signing an NDA. Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. The best odds are in niche markets. This is calledseed capital.

Startup 105

Startup Cofounder Software Stock 105

www.paulgraham.com

APRIL 28, 2010

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.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76