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How to Fund a Startup

www.paulgraham.com

I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. Angels whove made money in technology are preferable,for two reasons: they understand your situation, and theyre asource of contacts and advice.

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How to pick a co-founder

venturehacks.com

He can be technical, but he must be able to wield the tools of influence. What you don’t know Business founders who don’t code use bad proxies for picking technical co-founders (&# 10 years with Java!&# ). Technical founders who don’t sell also use bad proxies (&# Harvard MBA!&# ).

Cofounder 101
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Everything you ever wanted to know about advisors: Part 2.

venturehacks.com

Most of their companies would probably give 6% of their shares to YC for free, just to participate in the program. Many advisors want options they can exercise immediately —that’s fine. Read some fun reviews of this site. Finally, there is a beauty to paying in equity rather than an equivalent amount of cash.