News for hackers. Stuff that matters.
Re:Viaweb/Paul Graham's First Business Plan by pashle on Thursday April 05, 2007 @05:23AM (#9136)
From what I've read, they got their first seed capital from an angel investor and friend Julian Weber, of about $15,000. He also happened to be a lawyer, so legal counsel was very accessible, if not free. This is somewhere in Paul's essays. Google around and you'll find more.
Re:Viaweb/Paul Graham's First Business Plan by pg on Thursday April 05, 2007 @12:29PM (#9263)
It was $10,000. Julian was the model for YC. He incorporated us, gave us $10k, and taught us how to raise more. We know that's enough, because it was for us.