www.paulgraham.com
OCTOBER 23, 2010
But this is just the kindthat tends to be open source: operating systems, programminglanguages, editors, and so on. So if youre developing technologyfor money, youre probably not going to be developing it for peoplelike you. Usually you get seed money from individual rich people called"angels."
techcrunch.com
OCTOBER 23, 2010
For both companies, the initial traction enabled raising seed money to get them to a traditional VC investment.) Take the top 10 largest tech innovators (take your pick of largest by revenue or largest by idea) of the last 20 years in Silicon Valley. Hopefully your idea of business model isn’t “ad revenue based”.
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