The Pmarca Guide to Startups, Part 6: How much funding is too little? Too much?(blog.pmarca.com)
blog.pmarca.com
The Pmarca Guide to Startups, Part 6: How much funding is too little? Too much?
http://blog.pmarca.com/2007/07/the-pmarca-guid.html
4 comments
andreeson seems to have the same general approach as paul graham, but often differs in the details. for example, it sounds like marc is advocating raising a lot more money than paul would. my impression of graham's funding advice is to get by on zero outside funding dollars, if you can swing it. it would be interesting to hear these two guys discuss things like this.
http://paulgraham.com/guidetoinvestors.html
See: 22. You need investors.
See: 22. You need investors.
i've actually read that before, but i didn't remember all the details.
okay, so you're both in favor of having investors, but you're emphasizing different points, at least.
okay, so you're both in favor of having investors, but you're emphasizing different points, at least.
Aside from a passing reference to not giving up control, I don't see this concern addressed anywhere in the article. Would a post-huge-money board really be ok with a "save it for a rainy day" money management strategy?