{"id":1005,"date":"2014-11-14T00:52:52","date_gmt":"2014-11-13T19:22:52","guid":{"rendered":"http:\/\/atuljha.com\/blog\/?p=1005"},"modified":"2014-11-14T01:06:14","modified_gmt":"2014-11-13T19:36:14","slug":"how-to-start-a-startup-note-3","status":"publish","type":"post","link":"https:\/\/atuljha.com\/blog\/2014\/11\/14\/how-to-start-a-startup-note-3\/","title":{"rendered":"How to Start a Startup note #3"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-908\" src=\"http:\/\/atuljha.com\/blog\/wp-content\/uploads\/2014\/10\/startup-1024x768.jpg\" alt=\"startup\" width=\"640\" height=\"480\" srcset=\"https:\/\/atuljha.com\/blog\/wp-content\/uploads\/2014\/10\/startup-1024x768.jpg 1024w, https:\/\/atuljha.com\/blog\/wp-content\/uploads\/2014\/10\/startup-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Moving on to <a href=\"http:\/\/startupclass.samaltman.com\/%20\" target=\"_blank\">how to startup<\/a> series class, I spent time watching\u00a0<a href=\"http:\/\/startupclass.samaltman.com\/courses\/lec09\/\" target=\"_blank\">Lecture 9: How to Raise Money<\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/pmarca\" target=\"_blank\">Marc Andreessen<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/RonConway\" target=\"_blank\">Ron Conway<\/a> and\u00a0<a href=\"https:\/\/twitter.com\/parkerconrad\" target=\"_blank\">Parker Conrad<\/a> had an \u00a0interesting take on it.<\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube.com\/embed\/uFX95HahaUs\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Some of my notes from the class:<\/p>\n<ol>\n<li>Build something awesome which pulls \u00a0VC <span id=\"ece05be1-c5e3-436e-8fe4-7e98970ffb96\" class=\"GINGER_SOFTWARE_mark\">to<\/span> you.<\/li>\n<li>Most VC invest in team, past success of the founders &amp; product.<\/li>\n<li>If you have a prototype of <span id=\"6819ad27-782a-443a-821b-4b88c37bba2d\" class=\"GINGER_SOFTWARE_mark\"><span id=\"f3fe173d-64f5-46a1-abf7-f1ba82d4793d\" class=\"GINGER_SOFTWARE_mark\"><span id=\"4cb35317-5df9-4c21-a52b-aa7e8fd29309\" class=\"GINGER_SOFTWARE_mark\">product<\/span><\/span><\/span> ready, some paid customer &amp; solid co-founders getting money is easier.<\/li>\n<li>Getting a VC funding is easier than acquiring customers or hiring 20th employee.<\/li>\n<li>Most VC has a strict policy not to invest in competing companies.<\/li>\n<li>Keep a valuation <span id=\"430c4414-950d-42f2-808c-1d1581de29bf\" class=\"GINGER_SOFTWARE_mark\"><span id=\"4c287e42-bc96-4273-9ed2-3c97c025f0b8\" class=\"GINGER_SOFTWARE_mark\"><span id=\"545d5d84-2097-4513-95d3-fdaa334ce234\" class=\"GINGER_SOFTWARE_mark\">real<\/span><\/span><\/span> for <span id=\"768294cb-a190-445a-94e4-3228fd1713c2\" class=\"GINGER_SOFTWARE_mark\"><span id=\"35986f30-2f4b-4c68-a35e-6826184d2c34\" class=\"GINGER_SOFTWARE_mark\"><span id=\"df282524-b9d9-4d87-9d3c-d3c846d35e17\" class=\"GINGER_SOFTWARE_mark\">first raisisng round<\/span><\/span><\/span>.<\/li>\n<li>Don\u2019t dilute too much in the initial round of raises.<\/li>\n<li>Always take money from <span id=\"bae1986e-2a18-4c5a-a52f-0ccfff6decd4\" class=\"GINGER_SOFTWARE_mark\"><span id=\"6c249e81-1be7-4c00-b952-4b62b8fd3b59\" class=\"GINGER_SOFTWARE_mark\"><span id=\"859d2f78-8521-4c91-9c1d-844040015155\" class=\"GINGER_SOFTWARE_mark\">VC<\/span><\/span><\/span> who has <span id=\"e28b40e6-b4c5-45e5-ab5e-656319096fba\" class=\"GINGER_SOFTWARE_mark\"><span id=\"7f6c7dcb-edb1-43c4-b28b-ae5ac9b6deb9\" class=\"GINGER_SOFTWARE_mark\"><span id=\"b710633e-8de9-4910-a6be-b8208dcaa206\" class=\"GINGER_SOFTWARE_mark\">partners<\/span><\/span><\/span> with your product line, good connections for business development and \u00a0for later stage funding.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Moving on to how to startup series class, I spent time watching\u00a0Lecture 9: How to Raise Money\u00a0and\u00a0Marc Andreessen,\u00a0Ron Conway and\u00a0Parker Conrad had an \u00a0interesting take on it. Some of my notes from the class: Build something awesome which pulls \u00a0VC to you. Most VC invest in team, past success of the founders &amp; product. If &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/atuljha.com\/blog\/2014\/11\/14\/how-to-start-a-startup-note-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How to Start a Startup note #3&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,121,101],"tags":[43],"_links":{"self":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts\/1005"}],"collection":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/comments?post=1005"}],"version-history":[{"count":4,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts\/1005\/revisions"}],"predecessor-version":[{"id":1009,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts\/1005\/revisions\/1009"}],"wp:attachment":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/media?parent=1005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/categories?post=1005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/tags?post=1005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}