3 ms·

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 leg

by pashle 20y ago

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.

farmer 20y ago
pg 20y ago
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.