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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). He wanted to raise angel money. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early.

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Choose Your VC Investor Carefully

Both Sides of the Table

For example, a recent phone call I had with a young entrepreneur straight out of one of the most prestigious engineering schools in America he asked, “I have an offer for $400,000 in seed money but the VC wants me to agree now to bring in a new CEO.&# This company is doing its SEED round and they already want to bring someone new in.

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Mile-High disruption: Why Denver should be on your tech radar next year

The Next Web

7) permits convenient communication with the East and West coasts, South America, Europe, and Asia all in the same business day. The result is a rapidly-growing local tech economy: tech hiring is among the highest in the nation at 1.7 Its elevation also affords it the recognition as the largest U.S. Denver Mayor Michael B.

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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. You hire them, you own them now. Hire fast, fire faster. I told you not to worry about their move into Latin America. Many times it’s less. Pottery Barn rule.

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Entrepreneurshit. The Blog Post on What It’s Really Like.

Gust

Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. You hire them, you own them now. Hire fast, fire faster. I told you not to worry about their move into Latin America. Many times it’s less. Pottery Barn rule.

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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.

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Top Startup Advisor Paul Graham Just Warned Against Taking Google's Money

www.businessinsider.com

Google Ventures has made more than 100 seed investments, Maris said, including some past and present Y Combinator companies, and is making one to two new ones a week. Parse, one of the most-anticipated startups in Silicon Valley these days , went through Y Combinator last year and raised seed money from Google Ventures , for example.