YoungUpstarts
OCTOBER 28, 2015
Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. If high U.S. However, the U.S.
Both Sides of the Table
JANUARY 5, 2010
If this idea was so big then why would they risk not being first to market, not building defensible IP for the sake of a few hundred thousand dollars extra in lock-up money at a big company? VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early.
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Both Sides of the Table
DECEMBER 27, 2011
If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. They both raised angel / seed money of $1.5 If you had huge customer growth but just didn’t focus on revenue that’s a different story. Both companies look the exact same after one year.
www.paulgraham.com
OCTOBER 23, 2010
Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. Usually you get seed money from individual rich people called"angels." the seed stage, investors dont expect you to have an elaboratebusiness plan. This is calledseed capital.
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