Skip navigation
How To Raise Money
Article

How To Raise Money

Paul Graham, 2013 more...

auto-generated audio
auto-generated audio

Editorial Rating

7

Qualities

  • Applicable

Recommendation

Two fears plague investors: They’ll invest in a start-up that flounders, or they’ll miss out on one that thrives. These conflicting fears often lead to confusing investor behavior that inexperienced start-up founders may misinterpret. The result is a recipe for start-up failure. Co-founder of the successful seed accelerator Y Combinator Paul Graham gives start-ups a set of applicable “if-then” rules to assist the fundraising process. getAbstract recommends this practical guide to entrepreneurs, CEOs and anyone navigating fund raising for a start-up.

Take-Aways

  • Startups should have distinct “phase one” and “phase two” fund raising stages, and only the CEO should focus on raising money.
  • Investors’ intentions aren’t always clear. Entrepreneurs should pay attention to investors’ actions, not their words.
  • Always talk to more than one investor; prioritize investors who won’t take up much of your time and can help you the most.

About the Author

Paul Graham is a programmer, writer and investor. He co-founded Y Combinator, one of the most successful seed accelerators in the world.


More on this topic

Learners who read this summary also read