ReadWriteStart
JUNE 18, 2014
In Paris today at the World Founder Forum he announced the top 10 student team winners who split $1 million in seed money prizes. We weren’t open source, but we appealed to the open source mindset. Those teams are among 50 globally participating in the Founder.org program’s second-year class.
www.paulgraham.com
OCTOBER 23, 2010
If you work your way down the Forbes 400 making an x next to the name of each person with an MBA, youll learn something importantabout business school. But this is just the kindthat tends to be open source: operating systems, programminglanguages, editors, and so on. This is calledseed capital.
techcrunch.com
OCTOBER 23, 2010
You used to be able to raise venture money based on an idea and a team, but those days are long gone unless your name is Ev Williams or something similar. It’s not that VCs can’t make money by investing in ideas; it’s that it’s so much more efficient to invest in companies with traction.
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