Naming Pre-Money Valuation Seed Money Seed Stage 
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.
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. Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. At this stage the company is just a bet.
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