Remove Pre-Money Valuation Remove Restful Remove Seed Money Remove Technology
article thumbnail

How to Start a Startup

www.paulgraham.com

You could sense them squirming on the hook, but you knew there would be no rest for them till theyd signed up. Its not what people learn in classes at MIT and Stanford that has made technology companiesspring up around them. In a technology startup, which most startups are, the foundersshould include technical people.

Startup 105
article thumbnail

To Follow On or Not to Follow On

This is going to be BIG.

If you're doing seed deals, how often does a down round in a seed deal even happen? If you're investing at pre-money valuations in the low to mid single digits, then how much worse can the next round even get? But that's when you've actually proven this thing is a viable company and there's work worth protecting.