Up and Running
APRIL 18, 2014
In the early 1990s, my brother was working for a company that was going through the roof selling shareware software via catalog. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. reviews, reputation, Yelp!, I stole the ideas for my first startups from other people.
Both Sides of the Table
NOVEMBER 18, 2012
He shut down his company gracefully and even thought it must have felt like a crap sandwich doing so I’ll bet his reputation is still solid with his backers. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum.
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Both Sides of the Table
APRIL 3, 2010
Chris Dixon provided some commentary on Twitter that he believes I missed “the most important point about fund size.&# He’s specifically referring to his point of view that entrepreneurs shouldn’t take seed money from “big VC’s&# (he defines them as > $100 million). Great reputation.
Gust
OCTOBER 2, 2014
He shut down his company gracefully and even thought it must have felt like a crap sandwich doing so I’ll bet his reputation is still solid with his backers. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. Many are well known.
www.paulgraham.com
APRIL 28, 2010
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.
techcrunch.com
OCTOBER 23, 2010
There’s an uglier side to all this business that is making it hard for a lot of folks to get psyched by articles like this anymore, even though its right on the money… Joe Johnson Is software the only kind of startup that is interesting to anyone anymore? I can’t code, and that’s a major disadvantage.
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