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Re:The Startup Racket by jasonlotito on Thursday April 29, 2010 @01:33PM (#1305245)
What does that have to do with getting additional funding after you've launched?

I think I worded myself poorly. It's not initial funding I find odd. It's additional funding. You go out, get funding. Yay! Funding! Pays for starting the company and making it profitable. I just naturally ASSuMEd that your initial funding would cover startup costs, including marketing.

At least, that's the way my partners and I did it. Came up with an idea, setup initial work, got funding, launched on that funding. Maybe I'm just looking at it the wrong way (which I am sure is the reason).

Re:The Startup Racket by mos1 on Friday April 30, 2010 @12:26PM (#1308600)
What does that have to do with getting additional funding after you've launched?

You're kidding, right? I gave an example in which you've launched, have a profitable product, have $100k in the bank, and are debating the merits additional funding.

In my example, the additional funding will put a LOT of extra money in your pockets, even though you'll dilute your equity, and even though you'd have a profitable business without it.