How to Fund a Startup
www.paulgraham.com
APRIL 28, 2010
Most startups operate close to themargin of failure, and the distraction of having to deal with clientscould be enough to put you over the edge. Another concept we need to introduce now is valuation. I say "in theory" because in early stageinvesting, valuations are voodoo. Startups valuations aresupposed to rise over time.
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