Pre-Money Valuation Restful Revenue Seed Money 
www.paulgraham.com
OCTOBER 23, 2010
You could sense them squirming on the hook, but you knew there would be no rest for them till theyd signed up. If you build the simple, inexpensive option, youll not onlyfind it easier to sell at first, but youll also be in the best position to conquer the rest of the market. Ididnt realize that when we were raising money.
This is going to be BIG.
SEPTEMBER 7, 2012
In the late 90's, it wasn't surprising that companies with no revenue that were funded at 100 million dollar valuations didn't survive. What I'm not good at--or, rather, simply haven't done yet, is sit on a board for seven years helping a company go from $20mm in revenue to $100 million in revenue. Down from what?
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