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Figuring Out FourSquare

Seeing Both Sides

million in its series A financing and kept the burn rate at less than $100k per month to make he money last. Dennis wrote a great post at the time of the financing that showed just how product obsessed he was, even after taking the seed money. Modest burn : the company only raised $1.35 Monetization.

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How to Start a Startup

www.paulgraham.com

But this is just the kindthat tends to be open source: operating systems, programminglanguages, editors, and so on. So if youre developing technologyfor money, youre probably not going to be developing it for peoplelike you. Usually you get seed money from individual rich people called"angels." This is calledseed capital.

Startup 105
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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Time and time again, experts in entrepreneurship and business (often with little to no operating experience of their own) offer formulaic advice on what startups must do to succeed. Myth #2: You need a lot of money to start. It was only in 1998 when Andy Bechtolsheim invested $100,000 in Google, Inc.