2005 Government Naming Seed Stage 
www.paulgraham.com
APRIL 28, 2010
November 2005 Venture funding works like gears. A big-name VC firm will not screwyou too outrageously, because other founders would avoid them ifword got out. When we got into such a scrape, our investorstook advantage of it in a way that a name-brand VC probably wouldnthave. Thats where the name"incubator" comes from.
www.paulgraham.com
OCTOBER 23, 2010
March 2005 (This essay is derived from a talk at the Harvard ComputerSociety.) If you work your way down the Forbes 400 making an x next to the name of each person with an MBA, youll learn something importantabout business school. Usually you get seed money from individual rich people called"angels." Want to start a startup?
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