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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Bygrave’s ideas echo a 1984 study by George Washington University. Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money. Lean Business: The Very Model of a Modern Spreadsheet. image credit: Paul Cross.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

If you are raising a seed round now, there are a few things you can do to protect yourself. There are still the same debates on whether or not you should take seed money from VCs. A source tells the Washington Business Journal that daily deals company LivingSocial plans to lay off as many as 400 workers in the US tomorrow.