How to Fund a Startup
www.paulgraham.com
APRIL 28, 2010
November 2005 Venture funding works like gears. A big-name VC firm will not screwyou too outrageously, because other founders would avoid them ifword got out. When we got into such a scrape, our investorstook advantage of it in a way that a name-brand VC probably wouldnthave. Thats where the name"incubator" comes from.
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