Both Sides of the Table
DECEMBER 27, 2011
Operating Costs. They both raised angel / seed money of $1.5 million to fund operations in their first year of operations. In many Internet startups 80% of the operating costs will be people. After all, they doubled their operating costs when they weren’t even profitable. Simplifying: Revenue -.
Both Sides of the Table
JUNE 17, 2017
They both raised angel / seed money of $1.5 million to fund operations in their first year of operations. After all, they doubled their operating costs when they weren’t even profitable. They used the money to hire a bigger tech team so they could roll out their second product line. Again, it depends.
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Both Sides of the Table
NOVEMBER 18, 2012
Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. So at any given point you are likely operating with a maximum of 9 month’s cash. Many times it’s less. And yet you have to.
Both Sides of the Table
JUNE 28, 2010
This includes seed funding Automattic (who produce WordPress, the blog I use for this website) and investing in formspring.me, stickybits, Thing Labs (producer of Brizzly), KissMetrics and many others including Quantcast. So how is Mike able to do this at a time where others have warned against taking seed money from VC funds?
Both Sides of the Table
OCTOBER 17, 2009
.&# And I think this line of thinking has started to become conventional wisdom as outlined in Chris Dixon’s excellent blog post saying that you need to be careful raising seed money from a large VC fund. I do think you need to be careful with funds that have done 20-30 seeds deals in fairly rapid succession.
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