Pre Quora – AVC & Answers OnStartups. For me this dates back to pre-Internet days of bulletin boards, CompuServe , Prodigy and the like. Only later did I realize that this was part of Dharmesh Shah’s larger blog and that the software was based on the popular “stack overflow&# software. I now do. MORE >>

With my latest startup, I’m now a venture-backed startup founder (I’ve raised $33 million in three rounds of capital for my marketing software company ). The title is “Money, Marketing and Management with HubSpot’s Founders”. Avoid valuation infatuation: Entrepreneurs often become obsessed with the pre-money valuation on the deal. MORE >>

typical startup goes throughseveral rounds of funding, and at each round you want to take justenough money to reach the speed where you can shift into the nextgear. At Viaweb we got our first $10,000 ofseed money from our friend Julian, but he was sufficiently richthat its hard to say whether he should be classified as a friendor angel. MORE >>

You need three things to create a successful startup: to start withgood people, to make something customers actually want, and to spendas little money as possible. The way a startup makes money is to offer people bettertechnology than they have now. Andyet theres a lot of money at stake. This money isnt revenue. Well, no. MORE >>

On the one hand, founders fear that they will be forced to shut down their startup if they run out of money, which leads them to rush to raise new capital.  When founders delay raising each round, they are typically hoping to achieve certain milestones that will raise the startup’s valuation. million, with a valuation of $10 million. MORE >>