Remove Reputation Remove Seed Money Remove Software
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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

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.

Detroit 156
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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

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.

Monaco 420
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Understanding the Risks of VC Signaling

Both Sides of the Table

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.

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

Gust

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.

Monaco 122
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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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From Nothing To Something. How To Get There.

techcrunch.com

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.