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Figuring Out FourSquare

Seeing Both Sides

I had the pleasure of teaching a new case at HBS yesterday on foursquare that I co-authored with Professors Tom Eisenmann and Mikolaj Piskorski as part of Tom's new course "Launching Technology Ventures". million in its series A financing and kept the burn rate at less than $100k per month to make he money last.

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How to Start a Startup

www.paulgraham.com

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money. It was only in 1998 when Andy Bechtolsheim invested $100,000 in Google, Inc. They had proven themselves before they received an investment.

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The Future of Web Startups

www.paulgraham.com

In the last batch of startups we funded, we had several founders who said theyd thought of applying before, but werent sure and got jobs instead. This is a problem for founders, because it makes raising money take longer and cost more in legal fees. Founders and investors have different attitudes to risk.

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