How to Raise Money (2013)
Fundraising for startups typically occurs in multiple phases, often beginning with initial funding from sources like Y Combinator. The process can be challenging due to the complexities of investor behavior and the pressures of the market. Founders are advised to impose rules on themselves to navigate the fundraising landscape effectively.
- ▪Most startups raise money multiple times throughout their development.
- ▪Fundraising is difficult due to the need to convince investors to part with their money.
- ▪Inexperienced founders should impose external constraints to guide their fundraising efforts.
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Record
| Original publisher | Paulgraham |
| Canonical URL | https://paulgraham.com/fr.html |
| Publication time | Fri, 29 May 2026 11:07:25 +0000 |
| Retrieval time | 2026-05-29T11:20:00.374Z |
| Last seen | 2026-05-29T11:20:00.374Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 2wK84biJvdLo |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Want to start a startup? Get funded by Y Combinator. September 2013Most startups that raise money do it more than once. A typical trajectory might be (1) to get started with a few tens of thousands from something like Y Combinator or individual angels, then (2) raise a few hundred thousand to a few million to build the company, and then (3) once the company is clearly succeeding, raise one or more later rounds to accelerate growth.Reality can be messier. Some companies raise money twice in phase 2. Others skip phase 1 and go straight to phase 2. And at Y Combinator we get an increasing number of companies that have already raised amounts in the hundreds of thousands.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Paulgraham.