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8 Big Startup Myths That Hold Entrepreneurs Back From Success

crowdSPRING Blog

Web search existed before Google. While it’s true that you sometimes need to spend money to make money, the amount of money you need to spend is where things get murkier. The highway of new ventures is littered with the remnants of businesses that started with tons of seed money but ran out with little to show for it.

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How to Fund a Startup

www.paulgraham.com

It wasnt because they werent accredited investors that I didntask my parents for seed money, though. When we were starting Viaweb,I didnt know about the concept of an accredited investor, anddidnt stop to think about the value of investors connections.The reason I didnt take money from my parents was that I didntwant them to lose it.